taxes Property Tax Assistance

2021 Confidence Interval Detail

Limestone County
147-902/Groesbeck ISD

Category Summary

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

Stratum
Variance
A 78,406,969 0.7850 99,881,489 15 1,361 0.061021013
A 76,130,624 0.8927 85,281,308 15 609 0.039643459
A 93,351,428 0.8904 104,842,125 17 466 0.051329657
A 105,037,645 1.0877 96,568,580 16 300 0.032009888
E 198,808,436 1.0166 195,562,105 21 2,164 0.054567303
G1 10,995,630 0.9812 11,206,309 10 723 0.000164367
G1 11,038,460 0.9764 11,305,264 10 153 0.000346158
G1 10,936,790 0.9728 11,242,588 9 44 0.000305768
G1 10,971,022 0.9785 11,212,082 4 6 0.000292662
Random Totals: 595,677,004 627,101,850 117 5,826
CATG D1 EXCEPTION VALUES: 11,052,233 10,784,909
CATG J EXCEPTION VALUES: 19,956,840 20,953,126
Total Test Values 626,686,077 658,839,885

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 32,941,994

Confidence Interval Values(5)

Local Test Value: 626,686,077 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 625,897,891 (State Test Value minus Margin of Error Percent)
State Upper Limit: 691,781,879 (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