taxes Property Tax Assistance

2024 Confidence Interval Detail

Knox County
138-902/Knox City-O'Brien CISD

Category Summary

(1)
Category 		(1)
Stratum
Number 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2 2,932,140 0.6420 4,567,196 12 104 0.083946002
A 3 5,046,780 0.7567 6,669,459 12 117 0.117679155
A 4 8,208,590 0.7225 11,361,370 12 120 0.080043326
A 5 11,311,140 0.8935 12,659,362 12 79 0.051946626
E 0 13,032,350 0.8312 15,678,958 22 154 0.110609292
F1 2 817,780 0.8724 937,391 8 43 0.027355382
F1 3 857,260 0.9438 908,307 7 18 0.006542498
F1 4 1,010,980 0.9534 1,060,394 5 9 0.085288310
G1 2 4,554,837 0.9898 4,601,775 8 34 0.070027117
L1 2 4,259,500 1.0420 4,087,812 11 22 0.026827499
Random Totals: 52,031,357 62,532,024 109 700
CATG D1 EXCEPTION VALUES: 6,800,240 6,560,535
CATG F1 EXCEPTION VALUES: 1,297,850 1,468,670
CATG G1 EXCEPTION VALUES: 8,530,010 8,136,058
CATG J EXCEPTION VALUES: 4,159,000 4,383,418
Total Test Values 72,818,457 83,080,705

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,154,035

Confidence Interval Values(5)

Local Test Value: 72,818,457 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 78,926,670 (State Test Value minus Margin of Error Percent)
State Upper Limit: 87,234,740 (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