taxes Property Tax Assistance

2022 Confidence Interval Detail

Martin County
058-905/Klondike ISD

Category Summary

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

Stratum
Variance
G1 930,911,915 1.0421 893,303,824 9 163 0.012619826
G1 937,564,837 1.0188 920,263,876 9 52 0.000866881
G1 983,887,253 1.0262 958,767,543 8 24 0.000959818
G1 863,820,010 1.0175 848,963,155 4 6 0.000411197
Random Totals: 3,716,184,015 3,621,298,398 30 245
CATG D1 EXCEPTION VALUES: 4,073,110 4,741,950
Total Test Values 3,720,257,125 3,626,040,348

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 181,302,017

Confidence Interval Values(5)

Local Test Value: 3,720,257,125 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,444,738,331 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,807,342,365 (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