taxes Property Tax Assistance

2020 Confidence Interval Detail

Mitchell County
168-902/Loraine ISD

Category Summary

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

Stratum
Variance
A 3,792,918 0.8825 4,297,924 16 126 0.009338572
A 3,828,244 0.9130 4,193,038 16 71 0.004949856
A 3,632,400 0.9175 3,959,019 16 42 0.005335338
A 3,753,400 0.9403 3,991,705 12 20 0.002975639
E 15,055,270 0.9923 15,172,095 21 180 0.073521082
Random Totals: 30,062,232 31,613,781 81 439
CATG D1 EXCEPTION VALUES: 12,886,348 11,450,924
CATG J EXCEPTION VALUES: 12,947,530 14,040,305
Total Test Values 55,896,110 57,105,010

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,855,251

Confidence Interval Values(5)

Local Test Value: 55,896,110 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 54,249,759 (State Test Value minus Margin of Error Percent)
State Upper Limit: 59,960,261 (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