taxes Property Tax Assistance

2024 Confidence Interval Detail

Shelby County
210-902/Joaquin ISD

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 17,769,712 0.6591 26,960,570 14 332 0.242961771
A 3 17,611,220 0.7835 22,477,626 12 171 0.126568265
A 4 19,300,460 0.9837 19,620,270 12 124 0.012265434
A 5 23,078,280 0.9151 25,219,408 12 82 0.059221232
E 0 78,849,715 0.9493 83,060,903 20 767 0.035307223
G1 2 47,236,284 0.9976 47,349,924 9 49 0.000079527
Random Totals: 203,845,671 224,688,701 79 1,525
CATG D1 EXCEPTION VALUES: 6,982,287 4,814,118
CATG J EXCEPTION VALUES: 8,304,197 8,693,130
Total Test Values 219,132,155 238,195,949

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,909,797

Confidence Interval Values(5)

Local Test Value: 219,132,155 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 226,286,152 (State Test Value minus Margin of Error Percent)
State Upper Limit: 250,105,746 (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