taxes Property Tax Assistance

2022 Confidence Interval Detail

Martin County
156-905/Grady ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
G1 1,827,359,073 0.9953 1,835,988,218 10 291 0.001716834
G1 1,841,307,601 1.0216 1,802,376,273 10 104 0.000878389
G1 1,822,958,745 1.0155 1,795,134,165 9 46 0.000537088
G1 1,804,670,865 1.0463 1,724,812,066 6 14 0.008903652
Random Totals: 7,296,296,284 7,158,310,722 35 455
CATG D1 EXCEPTION VALUES: 4,968,990 6,202,467
CATG J EXCEPTION VALUES: 37,568,380 40,018,046
Total Test Values 7,338,833,654 7,204,531,235

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 360,226,562

Confidence Interval Values(5)

Local Test Value: 7,338,833,654 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,844,304,673 (State Test Value minus Margin of Error Percent)
State Upper Limit: 7,564,757,797 (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