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 0.8280 206,955,820 21 663 0.058333149
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 0.8900 40,650,571 10 189 0.010219889
F1 42,317,079 0.8626 49,057,592 9 82 0.021917364
F1 32,196,148 0.8832 36,453,972 8 23 0.019914165
F1 54,472,412 0.9240 58,952,827 5 14 0.023735954
Random Totals: 1,317,937,577 1,716,684,496 123 5,680
CATG D1 EXCEPTION VALUES: 12,558,069 12,148,817
CATG J EXCEPTION VALUES: 8,996,960 18,943,249
Total Test Values 1,339,492,606 1,747,776,562

Margin of Error

Margin of Error Percent: 8.9139973
Margin of Error Value: 155,796,756

Confidence Interval Values(5)

Local Test Value: 1,339,492,606 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,591,979,806 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,903,573,318 (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