taxes Property Tax Assistance

2020 Confidence Interval Detail

Limestone County
147-902/Groesbeck ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 74,608,179 0.8798 84,801,295 15 1,358 0.075698671
A 73,513,804 0.9148 80,360,520 16 623 0.023210578
A 82,954,776 0.9281 89,381,291 15 437 0.034484491
A 86,778,800 0.9867 87,948,515 16 262 0.039148535
E 182,370,200 0.9475 192,475,145 21 2,156 0.057478559
F1 11,136,820 0.6977 15,962,190 16 121 0.085515575
F1 10,538,517 0.8241 12,787,910 17 29 0.160223913
F1 6,608,722 0.9942 6,647,276 8 9 0.000911272
F1 12,477,372 0.9509 13,122,304 9 16 0.005781302
G1 11,618,690 1.0177 11,416,616 10 704 0.002974553
G1 11,666,200 0.9980 11,689,579 10 150 0.000290920
G1 11,825,860 0.9985 11,843,625 9 61 0.000227877
G1 11,354,650 1.0014 11,338,776 7 19 0.000041324
Random Totals: 587,452,590 629,775,042 169 5,945
CATG D1 EXCEPTION VALUES: 11,650,321 10,980,701
CATG J EXCEPTION VALUES: 57,332,290 60,958,929
Total Test Values 656,435,201 701,714,672

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 35,085,734

Confidence Interval Values(5)

Local Test Value: 656,435,201 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 666,628,938 (State Test Value minus Margin of Error Percent)
State Upper Limit: 736,800,406 (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