taxes Property Tax Assistance

2020 Confidence Interval Detail

Madison County
145-906/Normangee ISD

Category Summary

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

Stratum
Variance
D2 6,685,970 0.9731 6,870,794 17 174 0.010531848
E 38,868,692 0.9248 42,029,295 21 311 0.084180849
G1 17,995,579 1.0029 17,943,543 7 22 0.000005266
Random Totals: 63,550,241 66,843,632 45 507
CATG D1 EXCEPTION VALUES: 2,253,940 1,868,929
CATG J EXCEPTION VALUES: 8,380,920 9,823,351
Total Test Values 74,185,101 78,535,912

Margin of Error

Margin of Error Percent: 6.6061735
Margin of Error Value: 5,188,219

Confidence Interval Values(5)

Local Test Value: 74,185,101 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 73,347,693 (State Test Value minus Margin of Error Percent)
State Upper Limit: 83,724,131 (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