taxes Property Tax Assistance

2021 Confidence Interval Detail

Morris County
172-905/Pewitt CISD

Category Summary

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

Stratum
Variance
A 14,234,550 0.9594 14,836,929 10 314 0.006057028
A 16,102,110 0.9875 16,305,934 10 211 0.034487850
A 16,323,390 1.0579 15,429,993 10 146 0.002429052
A 18,002,230 1.0263 17,540,904 9 100 0.041203153
E 108,000,740 0.9676 111,617,135 20 1,302 0.045143204
F1 3,040,810 0.7027 4,327,323 9 53 0.369609203
F1 3,598,190 0.9063 3,970,198 8 26 0.067015476
F1 3,319,580 0.8299 3,999,976 5 9 0.040926443
F1 3,097,640 0.9468 3,271,785 4 6 0.007914596
Random Totals: 185,719,240 191,300,177 85 2,167
CATG D1 EXCEPTION VALUES: 6,894,866 4,873,422
CATG J EXCEPTION VALUES: 18,501,470 18,558,754
Total Test Values 211,115,576 214,732,353

Margin of Error

Margin of Error Percent: 5.1453483
Margin of Error Value: 11,048,727

Confidence Interval Values(5)

Local Test Value: 211,115,576 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 203,683,626 (State Test Value minus Margin of Error Percent)
State Upper Limit: 225,781,080 (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