taxes Property Tax Assistance

2020 Confidence Interval Detail

Martin County
156-902/Stanton ISD

Category Summary

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

Stratum
Variance
G1 608,363,194 0.9992 608,850,274 10 245 0.002302726
G1 612,429,749 1.0398 588,988,026 9 59 0.001217043
G1 609,641,080 1.0055 606,306,395 8 25 0.001582913
G1 598,567,213 0.9767 612,846,537 5 9 0.009269988
Random Totals: 2,429,001,236 2,416,991,232 32 338
CATG D1 EXCEPTION VALUES: 6,396,520 13,920,130
CATG J EXCEPTION VALUES: 99,593,860 109,144,912
Total Test Values 2,534,991,616 2,540,056,274

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 127,002,814

Confidence Interval Values(5)

Local Test Value: 2,534,991,616 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,413,053,460 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,667,059,088 (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