taxes Property Tax Assistance

2023 Confidence Interval Detail

Taylor County
221-904/Merkel ISD

Category Summary

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

Stratum
Variance
A 33,268,046 0.7916 42,026,334 11 677 0.053427687
A 32,962,365 1.0090 32,668,350 12 353 0.060425246
A 41,974,092 0.9584 43,796,006 13 289 0.005587908
A 52,674,132 1.0139 51,951,999 16 195 0.009116517
E 86,633,904 0.8942 96,884,259 20 658 0.028282612
F1 16,630,823 1.0102 16,462,901 10 98 0.000344948
F1 21,439,985 0.9779 21,924,517 8 36 0.001387355
F1 18,072,006 1.0111 17,873,609 5 12 0.000065791
F1 25,432,845 1.0359 24,551,448 4 7 0.000910360
L1 14,301,860 0.9515 15,030,857 9 74 0.002961061
L1 11,161,383 0.9670 11,542,278 6 11 0.004992296
L1 16,243,026 1.0904 14,896,392 4 8 0.010449630
L1 10,940,040 1.0000 10,940,040 2 4 0.000000000
Random Totals: 381,734,507 400,548,990 120 2,422
CATG D1 EXCEPTION VALUES: 10,786,258 11,151,842
CATG J EXCEPTION VALUES: 29,714,805 30,740,979
Total Test Values 422,235,570 442,441,811

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,122,091

Confidence Interval Values(5)

Local Test Value: 422,235,570 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 420,319,720 (State Test Value minus Margin of Error Percent)
State Upper Limit: 464,563,902 (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