taxes Property Tax Assistance

2020 Confidence Interval Detail

Martin County
058-909/Sands CISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
G1 90,729,780 1.0604 85,561,845 9 64 0.021159967
G1 92,334,091 1.0049 91,883,860 5 9 0.003331207
G1 107,873,660 1.0311 104,619,979 3 4 0.002974812
Random Totals: 290,937,531 282,065,684 17 77
CATG D1 EXCEPTION VALUES: 1,232,020 3,190,989
CATG G1 EXCEPTION VALUES: 50,991,190 51,133,204
CATG J EXCEPTION VALUES: 10,866,480 11,487,012
Total Test Values 354,027,221 347,876,889

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,393,844

Confidence Interval Values(5)

Local Test Value: 354,027,221 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 330,483,045 (State Test Value minus Margin of Error Percent)
State Upper Limit: 365,270,733 (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