taxes Property Tax Assistance

2020 Confidence Interval Detail

Anderson County
001-903/Elkhart ISD

Category Summary

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

Stratum
Variance
A 20,552,238 0.9018 22,790,240 10 449 0.020638600
A 22,117,963 0.8643 25,590,609 10 262 0.015881713
A 21,687,224 0.9576 22,647,477 10 167 0.003280282
A 21,636,466 0.9888 21,881,539 10 105 0.001718562
E 163,687,343 0.9440 173,397,609 20 2,034 0.015028160
F1 4,787,216 0.8455 5,661,994 10 39 0.060533347
F1 5,162,655 0.9391 5,497,450 7 14 0.004069547
F1 3,556,690 0.9184 3,872,703 4 5 0.005750339
F1 4,287,173 0.9598 4,466,791 2 4 0.001035826
G1 8,593,049 1.0013 8,581,893 8 30 0.000803078
Random Totals: 276,068,017 294,388,305 91 3,109
CATG D1 EXCEPTION VALUES: 8,856,556 9,469,764
CATG G1 EXCEPTION VALUES: 11,300,142 10,957,868
CATG J EXCEPTION VALUES: 5,560,985 5,698,743
Total Test Values 301,785,700 320,514,680

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,025,734

Confidence Interval Values(5)

Local Test Value: 301,785,700 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 304,488,946 (State Test Value minus Margin of Error Percent)
State Upper Limit: 336,540,414 (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