taxes Property Tax Assistance

2023 Confidence Interval Detail

Young County
252-902/Newcastle ISD

Category Summary

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

Stratum
Variance
A 612,550 0.7436 823,763 12 48 0.098576869
A 2,456,060 0.8825 2,783,071 9 76 0.029032921
A 2,363,460 0.8883 2,660,655 8 44 0.024918660
A 6,201,490 0.9574 6,477,428 8 57 0.102013014
E 40,888,006 0.8960 45,633,935 22 317 0.110367229
G1 8,118,540 1.0133 8,011,981 9 47 0.001382420
Random Totals: 60,640,106 66,390,833 68 589
CATG D1 EXCEPTION VALUES: 10,404,691 9,074,923
CATG G1 EXCEPTION VALUES: 7,418,440 7,433,138
CATG J EXCEPTION VALUES: 77,300 80,159
Total Test Values 78,540,537 82,979,053

Margin of Error

Margin of Error Percent: 7.6917409
Margin of Error Value: 6,382,534

Confidence Interval Values(5)

Local Test Value: 78,540,537 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 76,596,519 (State Test Value minus Margin of Error Percent)
State Upper Limit: 89,361,587 (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