taxes Property Tax Assistance

2020 Confidence Interval Detail

Newton County
176-901/Burkeville ISD

Category Summary

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

Stratum
Variance
A 24,658,053 0.9854 25,023,395 14 420 0.015903738
A 28,097,616 1.0386 27,053,356 13 236 0.051126002
A 28,662,101 0.9144 31,345,255 12 156 0.038697905
A 46,756,293 1.0575 44,213,989 13 159 0.030929556
E 51,965,263 1.0360 50,159,520 20 1,048 0.121768846
Random Totals: 180,139,326 177,795,515 72 2,019
CATG D1 EXCEPTION VALUES: 48,953,840 47,857,216
Total Test Values 229,093,166 225,652,731

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,282,637

Confidence Interval Values(5)

Local Test Value: 229,093,166 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 214,370,094 (State Test Value minus Margin of Error Percent)
State Upper Limit: 236,935,368 (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