taxes Property Tax Assistance

2020 Confidence Interval Detail

Fayette County
075-902/La Grange ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 111,148,156 0.8816 126,075,495 15 1,073 0.032957403
A 122,054,490 1.0136 120,416,821 16 699 0.009176597
A 134,446,310 1.0304 130,479,726 15 558 0.018248045
A 134,217,690 1.0461 128,302,925 15 339 0.018959728
E 436,717,892 0.9630 453,497,292 20 2,482 0.009682485
F1 35,863,210 0.8930 40,160,370 12 194 0.020554200
F1 35,831,027 0.9407 38,089,749 9 71 0.018433200
F1 37,579,106 0.9023 41,648,128 8 27 0.033333937
F1 41,309,325 0.8874 46,550,963 5 10 0.040542443
G1 15,295,532 0.9992 15,307,778 10 118 0.000042472
G1 16,045,015 1.0002 16,041,807 8 39 0.000016967
G1 20,669,339 1.0027 20,613,682 5 7 0.000024287
Random Totals: 1,141,177,092 1,177,184,736 138 5,617
CATG D1 EXCEPTION VALUES: 12,595,688 11,625,300
CATG G1 EXCEPTION VALUES: 9,094,250 8,945,498
CATG J EXCEPTION VALUES: 7,531,050 26,022,082
Total Test Values 1,170,398,080 1,223,777,616

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 61,188,881

Confidence Interval Values(5)

Local Test Value: 1,170,398,080 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,162,588,735 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,284,966,497 (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