taxes Property Tax Assistance

2020 Confidence Interval Detail

Martin County
058-905/Klondike ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
G1 422,735,521 1.0141 416,857,826 10 102 0.000848443
G1 418,636,304 1.0006 418,385,273 7 16 0.000194645
G1 456,167,700 1.0183 447,969,852 5 7 0.003623149
Random Totals: 1,297,539,525 1,283,212,951 22 125
CATG D1 EXCEPTION VALUES: 5,381,550 13,209,613
CATG G1 EXCEPTION VALUES: 374,038,100 369,577,435
CATG J EXCEPTION VALUES: 19,902,470 22,329,644
Total Test Values 1,696,861,645 1,688,329,643

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 84,416,482

Confidence Interval Values(5)

Local Test Value: 1,696,861,645 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,603,913,161 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,772,746,125 (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