taxes Property Tax Assistance

2023 Confidence Interval Detail

Taylor County
221-905/Trent ISD

Category Summary

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

Stratum
Variance
A 2,586,319 0.8952 2,889,096 12 60 0.081527932
A 3,891,321 1.0271 3,788,649 12 51 0.050155404
A 4,098,926 1.0319 3,972,212 12 36 0.027871152
A 4,462,117 1.0822 4,123,191 12 23 0.029488505
E 8,442,329 0.9047 9,331,634 20 90 0.205084688
Random Totals: 23,481,012 24,104,782 68 260
CATG D1 EXCEPTION VALUES: 2,635,270 2,763,990
CATG J EXCEPTION VALUES: 6,449,916 6,766,983
Total Test Values 32,566,198 33,635,755

Margin of Error

Margin of Error Percent: 5.4037434
Margin of Error Value: 1,817,590

Confidence Interval Values(5)

Local Test Value: 32,566,198 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 31,818,165 (State Test Value minus Margin of Error Percent)
State Upper Limit: 35,453,345 (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