taxes Property Tax Assistance

2023 Confidence Interval Detail

Limestone County
147-902/Groesbeck ISD

Category Summary

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

Stratum
Variance
A 101,910,872 0.6718 151,698,232 21 1,475 0.102212750
A 93,147,479 0.7530 123,701,831 25 615 0.118672920
A 123,462,071 0.7213 171,166,049 18 507 0.097513110
A 166,394,669 0.7407 224,645,159 13 385 0.064463377
E 302,954,350 0.6625 457,289,585 23 2,270 0.102890851
G1 24,882,011 1.0276 24,213,713 10 501 0.001927667
G1 24,691,980 1.0078 24,500,873 10 130 0.000353958
G1 25,227,320 1.0002 25,222,276 9 65 0.000178527
G1 24,220,381 1.0014 24,186,520 6 14 0.000244438
Random Totals: 886,891,133 1,226,624,238 135 5,962
CATG D1 EXCEPTION VALUES: 10,123,402 13,828,099
CATG J EXCEPTION VALUES: 23,818,110 25,149,871
Total Test Values 920,832,645 1,265,602,208

Margin of Error

Margin of Error Percent: 5.9999753
Margin of Error Value: 75,935,820

Confidence Interval Values(5)

Local Test Value: 920,832,645 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,189,666,388 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,341,538,028 (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