taxes Property Tax Assistance

2019 Confidence Interval Detail

Morris County
172-905/Pewitt CISD

Category Summary

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

Stratum
Variance
A 13,331,400 1.0304 12,938,082 10 335 0.008195610
A 12,286,870 0.9359 13,128,400 10 185 0.024433795
A 13,681,490 1.0267 13,325,694 10 143 0.010254329
A 14,674,550 0.9901 14,821,281 9 93 0.000937785
E 91,644,640 0.9975 91,874,326 20 1298 0.016384148
F1 3,153,250 0.9007 3,500,888 9 57 0.030430589
F1 3,054,160 0.9842 3,103,190 7 20 0.006356625
F1 2,821,060 0.8192 3,443,677 4 7 0.013996593
F1 3,575,600 0.9419 3,796,157 3 5 0.001248032
Random Totals: 158,223,020 159,931,695 82 2,143
CATG D1 EXCEPTION VALUES: 6,476,650 5,698,120
CATG J EXCEPTION VALUES: 7,987,950 8,238,479
Total Test Values(2) 172,687,620 173,868,294

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,693,415

Confidence Interval Values(5)

Local Test Value: 172,687,620 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 165,174,879 (State Test Value minus Margin of Error Percent)
State Upper Limit: 182,561,709 (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