taxes Property Tax Assistance

2019 Confidence Interval Detail

Grimes County
154-901/Madisonville CISD

Category Summary

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

Stratum
Variance
A 3,587,010 0.8479 4,230,463 15 88 0.085017812
A 12,101,740 0.8578 14,107,881 14 197 0.033230182
A 13,816,330 0.9556 14,458,278 15 162 0.047866837
A 11,677,630 1.0401 11,227,411 16 72 0.042103242
E 60,126,210 1.0554 56,970,068 20 488 0.042529065
Random Totals: 101,308,920 100,994,101 80 1,007
CATG D1 EXCEPTION VALUES: 3,643,030 3,972,046
CATG J EXCEPTION VALUES: 253,188 328,112
Total Test Values(2) 105,205,138 105,294,259

Margin of Error

Margin of Error Percent: 5.3471797
Margin of Error Value: 5,630,273

Confidence Interval Values(5)

Local Test Value: 105,205,138 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 99,663,986 (State Test Value minus Margin of Error Percent)
State Upper Limit: 110,924,532 (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