taxes Property Tax Assistance

2022 Confidence Interval Detail

Shelby County
210-903/Shelbyville ISD

Category Summary

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

Stratum
Variance
A 6,580,260 0.5746 11,451,897 10 210 0.120672105
A 5,298,721 0.6992 7,578,262 11 87 0.027946869
A 9,833,599 0.7426 13,242,121 11 104 0.086877766
A 11,300,500 0.8674 13,028,015 10 62 0.020368439
E 78,557,508 0.8246 95,267,412 20 992 0.215065760
G1 127,503,741 1.0071 126,604,847 9 46 0.001069534
Random Totals: 239,074,329 267,172,554 71 1,501
CATG D1 EXCEPTION VALUES: 16,566,122 13,744,537
CATG J EXCEPTION VALUES: 2,517,850 2,751,024
Total Test Values 258,158,301 283,668,115

Margin of Error

Margin of Error Percent: 7.0443550
Margin of Error Value: 19,982,589

Confidence Interval Values(5)

Local Test Value: 258,158,301 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 263,685,526 (State Test Value minus Margin of Error Percent)
State Upper Limit: 303,650,704 (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