taxes Property Tax Assistance

2023 Confidence Interval Detail

Cherokee County
037-901/Alto ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 12,972,000 0.7240 17,917,127 12 293 0.123495536
A 14,517,510 0.8393 17,297,164 13 170 0.097519966
A 17,529,540 0.9059 19,350,414 12 131 0.092536684
A 19,259,760 1.0502 18,339,135 15 81 0.052278733
E 128,743,010 1.0139 126,978,016 22 969 0.073649183
F1 2,414,810 0.7225 3,342,298 10 37 0.081471627
F1 4,246,060 0.6934 6,123,536 5 16 0.270159737
F1 3,296,690 1.0412 3,166,150 5 7 0.063068710
G1 4,506,668 1.0116 4,454,990 9 68 0.004898763
G1 4,501,732 1.0266 4,385,089 8 28 0.000768348
G1 4,514,199 1.0983 4,110,169 7 17 0.010586099
G1 4,292,513 1.1239 3,819,302 5 7 0.006002471
Random Totals: 220,794,492 229,283,390 123 1,824
CATG D1 EXCEPTION VALUES: 13,804,321 12,159,337
CATG F1 EXCEPTION VALUES: 2,235,130 2,250,215
CATG J EXCEPTION VALUES: 2,609,337 2,488,806
Total Test Values 239,443,280 246,181,748

Margin of Error

Margin of Error Percent: 6.3890271
Margin of Error Value: 15,728,619

Confidence Interval Values(5)

Local Test Value: 239,443,280 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 230,453,129 (State Test Value minus Margin of Error Percent)
State Upper Limit: 261,910,367 (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