taxes Property Tax Assistance

2021 Confidence Interval Detail

Shelby County
210-903/Shelbyville ISD

Category Summary

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

Stratum
Variance
A 6,450,851 0.7671 8,409,400 11 216 0.264685729
A 7,706,349 0.9122 8,448,091 10 125 0.066271441
A 6,795,390 0.9488 7,162,089 11 72 0.047395477
A 7,437,000 1.0070 7,385,303 13 44 0.038755452
E 67,720,467 0.8544 79,260,846 31 1,025 0.080360951
G1 22,494,090 0.9816 22,915,740 9 43 0.000559494
G1 24,391,290 0.9628 25,333,704 4 5 0.000036129
G1 21,605,845 0.9760 22,137,425 3 3 0.000031722
G1 20,911,056 0.9704 21,549,450 2 2 0.000446359
Random Totals: 185,512,338 202,602,048 94 1,535
CATG D1 EXCEPTION VALUES: 16,873,428 15,160,353
CATG J EXCEPTION VALUES: 834,590 927,660
Total Test Values 203,220,356 218,690,061

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,934,503

Confidence Interval Values(5)

Local Test Value: 203,220,356 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 207,755,558 (State Test Value minus Margin of Error Percent)
State Upper Limit: 229,624,564 (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