taxes Property Tax Assistance

2021 Confidence Interval Detail

Smith County
212-904/Troup ISD

Category Summary

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

Stratum
Variance
A 17,804,428 0.8963 19,864,362 11 351 0.068657448
A 18,932,060 0.9739 19,439,429 11 188 0.035447029
A 19,673,622 1.0201 19,285,974 12 130 0.006673147
A 19,615,510 1.0740 18,263,976 10 82 0.021731699
E 53,025,930 1.0169 52,144,685 22 421 0.044706230
Random Totals: 129,051,550 128,998,426 66 1,172
CATG D1 EXCEPTION VALUES: 3,190,952 2,903,678
CATG J EXCEPTION VALUES: 4,970,513 5,369,433
Total Test Values 137,213,015 137,271,537

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,863,577

Confidence Interval Values(5)

Local Test Value: 137,213,015 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 130,407,960 (State Test Value minus Margin of Error Percent)
State Upper Limit: 144,135,114 (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