taxes Property Tax Assistance

2019 Confidence Interval Detail

Knox County
138-903/Munday CISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 4,708,980 0.8739 5,388,465 10 225 0.049910389
A 4,904,560 0.9365 5,237,117 9 142 0.013227979
A 4,906,150 0.9139 5,368,366 9 91 0.037097957
A 4,980,300 0.9049 5,503,702 9 58 0.023038401
E 11,830,670 1.0082 11,734,448 15 273 0.039542843
L1 1,397,100 0.9698 1,440,606 5 34 0.000110826
L1 1,362,099 1.0130 1,344,619 3 9 0.000252297
L1 969,400 1.0074 962,243 2 3 0.000116779
Random Totals: 35,059,259 36,979,566 62 835
CATG D1 EXCEPTION VALUES: 17,128,990 15,461,803
CATG J EXCEPTION VALUES: 11,259,250 10,812,879
Total Test Values(2) 63,447,499 63,254,248

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,162,712

Confidence Interval Values(5)

Local Test Value: 63,447,499 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 60,091,536 (State Test Value minus Margin of Error Percent)
State Upper Limit: 66,416,960 (State Test Value plus Margin of Error Percent)

Sources:
(1) See Stratified Category Worksheet Reports PTS236, PTS430
(2) Number of parcels sampled by staff
(3) Total Category Parcels from Stratification Report, Appraisal Roll, or Self-report
(4) Includes any parcels in A, B, C, D2, E, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values