taxes Property Tax Assistance

2022 Confidence Interval Detail

Fayette County
075-902/La Grange ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 105,534,891 0.6741 156,556,729 18 949 0.159270825
A 127,440,830 0.7839 162,572,815 15 675 0.080042037
A 171,359,419 0.8282 206,905,843 21 663 0.058450439
A 227,654,709 0.8386 271,469,961 16 537 0.044144209
E 520,783,081 0.7095 734,014,209 21 2,548 0.216525410
F1 36,179,008 0.9199 39,329,284 10 189 0.010726600
F1 42,317,079 0.9575 44,195,383 9 82 0.003641351
F1 32,196,148 0.9774 32,940,606 8 23 0.004704396
F1 54,472,412 0.9697 56,174,499 5 14 0.007775028
Random Totals: 1,317,937,577 1,704,159,329 123 5,680
CATG D1 EXCEPTION VALUES: 12,577,533 13,402,146
CATG J EXCEPTION VALUES: 8,996,960 16,573,780
Total Test Values 1,339,512,070 1,734,135,255

Margin of Error

Margin of Error Percent: 8.9742460
Margin of Error Value: 155,625,564

Confidence Interval Values(5)

Local Test Value: 1,339,512,070 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,578,509,691 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,889,760,819 (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