taxes Property Tax Assistance

2021 Confidence Interval Detail

Anderson County
001-903/Elkhart ISD

Category Summary

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

Stratum
Variance
A 19,385,758 0.8690 22,308,122 10 414 0.021405620
A 21,754,969 0.8752 24,857,140 11 253 0.021419259
A 23,335,182 0.9962 23,424,194 10 181 0.004595656
A 30,150,792 0.9565 31,521,999 11 147 0.008414514
E 181,014,130 0.9626 188,047,091 22 2,063 0.022629769
F1 5,588,769 0.9732 5,742,673 8 46 0.002549496
F1 6,406,425 0.9260 6,918,386 6 16 0.015067927
F1 6,948,444 0.9637 7,210,173 4 7 0.001424065
G1 6,568,046 0.9917 6,623,017 8 30 0.005849660
Random Totals: 301,152,515 316,652,795 90 3,157
CATG D1 EXCEPTION VALUES: 8,882,113 9,574,426
CATG F1 EXCEPTION VALUES: 5,236,360 4,816,103
CATG G1 EXCEPTION VALUES: 7,197,368 6,014,455
CATG J EXCEPTION VALUES: 12,084,758 12,550,709
Total Test Values 334,553,114 349,608,488

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,480,424

Confidence Interval Values(5)

Local Test Value: 334,553,114 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 332,128,064 (State Test Value minus Margin of Error Percent)
State Upper Limit: 367,088,912 (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