taxes Property Tax Assistance

2020 Confidence Interval Detail

Madison 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 35,782,350 0.7401 48,347,994 13 751 0.057709117
A 34,465,200 0.8314 41,454,414 14 384 0.091474843
A 35,492,611 0.8740 40,609,395 13 252 0.029077774
A 38,806,800 1.0032 38,683,014 14 150 0.015298093
E 235,222,321 0.8349 281,737,119 27 2,217 0.116626989
F1 21,778,390 0.9342 23,312,342 10 129 0.007644520
F1 23,867,850 0.9159 26,059,450 9 42 0.011565977
F1 21,797,790 0.9522 22,892,029 7 16 0.008596852
F1 20,447,720 1.0413 19,636,723 5 7 0.011653156
G1 7,240,360 1.0000 7,240,360 10 94 0.000149311
G1 7,243,631 0.9125 7,938,226 6 15 0.043885191
G1 8,148,169 1.0047 8,110,052 4 6 0.000063599
Random Totals: 490,293,192 566,021,118 132 4,063
CATG D1 EXCEPTION VALUES: 12,368,274 10,391,367
CATG G1 EXCEPTION VALUES: 14,699,110 14,790,837
CATG J EXCEPTION VALUES: 5,496,950 6,455,685
Total Test Values 522,857,526 597,659,007

Margin of Error

Margin of Error Percent: 6.3271403
Margin of Error Value: 37,814,724

Confidence Interval Values(5)

Local Test Value: 522,857,526 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 559,844,283 (State Test Value minus Margin of Error Percent)
State Upper Limit: 635,473,731 (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