taxes Property Tax Assistance

2021 Confidence Interval Detail

Young County
252-902/Newcastle ISD

Category Summary

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

Stratum
Variance
A 1,050,700 0.7208 1,457,686 10 85 0.241618613
A 1,320,940 0.8306 1,590,344 9 54 0.134586678
A 1,230,630 0.9248 1,330,699 8 29 0.014300244
A 1,684,170 0.9382 1,795,108 7 25 0.010717537
E 30,902,674 0.9764 31,649,605 19 324 0.085445949
G1 1,872,540 0.9827 1,905,505 9 41 0.000273636
G1 2,096,260 0.9905 2,116,365 5 9 0.000399839
G1 2,234,310 0.9834 2,272,026 3 4 0.000032331
G1 1,218,940 0.9747 1,250,562 1 1 0.000000000
Random Totals: 43,611,164 45,367,900 71 572
CATG D1 EXCEPTION VALUES: 10,479,208 9,750,443
CATG G1 EXCEPTION VALUES: 2,043,160 2,081,231
CATG J EXCEPTION VALUES: 80,400 92,941
Total Test Values 56,213,932 57,292,515

Margin of Error

Margin of Error Percent: 7.2405112
Margin of Error Value: 4,148,271

Confidence Interval Values(5)

Local Test Value: 56,213,932 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 53,144,244 (State Test Value minus Margin of Error Percent)
State Upper Limit: 61,440,786 (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