taxes Property Tax Assistance

2019 Confidence Interval Detail

Mitchell County
168-902/Loraine ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 3,861,730 0.9560 4,039,467 8 120 0.037110138
A 3,763,282 1.0961 3,433,338 10 68 0.018349562
A 3,611,910 1.0155 3,556,780 8 41 0.012349047
A 3,616,020 0.9512 3,801,535 7 19 0.052190378
E 17,826,420 1.0140 17,580,296 17 173 0.025897896
Random Totals: 32,679,362 32,411,416 50 421
CATG D1 EXCEPTION VALUES: 11,846,866 18,119,326
CATG J EXCEPTION VALUES: 11,935,270 9,585,029
Total Test Values(2) 56,461,498 60,115,771

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,005,789

Confidence Interval Values(5)

Local Test Value: 56,461,498 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 57,109,982 (State Test Value minus Margin of Error Percent)
State Upper Limit: 63,121,560 (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