taxes Property Tax Assistance

2023 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 6,804,440 0.6345 10,724,098 11 194 0.043805489
A 7,478,601 0.7202 10,384,061 10 103 0.194414800
A 13,831,640 0.9493 14,570,357 10 116 0.168061620
A 11,883,800 0.9448 12,578,112 9 58 0.143832237
E 94,703,109 0.9955 95,131,199 19 1,035 0.137001901
G1 284,371,760 0.9997 284,457,097 12 48 0.000136012
Random Totals: 419,073,350 427,844,924 71 1,554
CATG D1 EXCEPTION VALUES: 16,772,977 12,338,555
CATG J EXCEPTION VALUES: 816,260 837,403
Total Test Values 436,662,587 441,020,882

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,051,044

Confidence Interval Values(5)

Local Test Value: 436,662,587 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 418,969,838 (State Test Value minus Margin of Error Percent)
State Upper Limit: 463,071,926 (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