taxes Property Tax Assistance

2022 Confidence Interval Detail

Shelby County
210-902/Joaquin ISD

Category Summary

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

Stratum
Variance
A 10,576,900 0.5758 18,369,052 17 284 0.155720394
A 13,219,850 0.7347 17,993,535 17 187 0.113777635
A 14,461,902 0.9184 15,746,845 17 125 0.137618008
A 18,975,040 0.9094 20,865,450 16 82 0.013918367
E 60,261,494 0.7951 75,791,088 23 704 0.167757559
F1 3,187,212 0.9773 3,261,242 9 58 0.006821024
F1 3,490,590 0.9552 3,654,303 9 23 0.011103608
F1 3,936,430 0.8776 4,485,449 7 12 0.065397066
F1 3,076,640 0.8904 3,455,215 3 5 0.011144364
G1 8,062,431 0.9133 8,827,801 9 55 0.020110445
G1 7,923,068 0.9986 7,934,176 6 12 0.000530374
Random Totals: 147,171,557 180,384,156 133 1,547
CATG D1 EXCEPTION VALUES: 6,981,957 5,545,078
CATG G1 EXCEPTION VALUES: 24,186,037 23,623,739
CATG J EXCEPTION VALUES: 5,064,340 5,387,790
Total Test Values 183,403,891 214,940,763

Margin of Error

Margin of Error Percent: 6.2980956
Margin of Error Value: 13,537,175

Confidence Interval Values(5)

Local Test Value: 183,403,891 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 201,403,588 (State Test Value minus Margin of Error Percent)
State Upper Limit: 228,477,938 (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