taxes Property Tax Assistance

2019 Confidence Interval Detail

Young County
252-902/Newcastle ISD

Category Summary

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

Stratum
Variance
A 1,234,060 0.8901 1,386,428 15 84 0.042700618
A 1,228,360 0.9967 1,232,427 15 45 0.004191175
A 1,297,050 1.0200 1,271,618 12 28 0.006656921
A 1,013,890 1.0085 1,005,345 10 14 0.002242756
E 26,102,953 0.8755 29,814,909 20 331 0.072494588
G1 16,408,240 1.0063 16,305,515 15 48 0.001240531
Random Totals: 47,284,553 51,016,242 87 550
CATG D1 EXCEPTION VALUES: 11,132,205 9,327,679
CATG J EXCEPTION VALUES: 84,060 91,496
Total Test Values(2) 58,500,818 60,435,417

Margin of Error

Margin of Error Percent: 5.7486884
Margin of Error Value: 3,474,244

Confidence Interval Values(5)

Local Test Value: 58,500,818 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 56,961,173 (State Test Value minus Margin of Error Percent)
State Upper Limit: 63,909,661 (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