taxes Property Tax Assistance

2019 Confidence Interval Detail

Smith County
212-904/Troup ISD

Category Summary

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

Stratum
Variance
A 14,653,526 0.9254 15,834,802 13 322 0.026946702
A 16,093,396 1.0311 15,607,988 10 183 0.004303207
A 15,955,721 1.0034 15,901,655 9 125 0.059501484
A 22,893,111 0.9925 23,066,107 11 113 0.003487523
E 48,958,377 0.9882 49,542,984 27 424 0.030082216
F1 2,775,355 0.8084 3,433,146 8 46 0.029978871
F1 2,425,420 0.7345 3,302,138 6 14 0.021176194
F1 2,662,601 0.7287 3,653,906 5 8 0.261881410
F1 2,695,478 0.9253 2,913,085 2 3 0.000422456
G1 15,012,705 0.9947 15,092,696 10 171 0.003300243
G1 14,873,099 1.0009 14,859,725 9 44 0.000246766
G1 15,056,890 1.0071 14,950,740 5 8 0.000149315
Random Totals: 174,055,679 178,158,972 115 1,461
CATG D1 EXCEPTION VALUES: 3,207,484 2,913,837
CATG G1 EXCEPTION VALUES: 14,440,327 14,417,207
CATG J EXCEPTION VALUES: 4,536,243 4,655,756
Total Test Values(3) 196,239,733 200,145,772

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,007,289

Confidence Interval Values(5)

Local Test Value: 196,239,733 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 190,138,483 (State Test Value minus Margin of Error Percent)
State Upper Limit: 210,153,061 (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