taxes Property Tax Assistance

2024 Confidence Interval Detail

Anderson County
001-903/Elkhart 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 28,030,392 0.9077 30,880,679 11 375 0.036459469
A 3 35,911,774 0.9177 39,132,368 10 259 0.014281274
A 4 36,799,284 1.0646 34,566,301 10 175 0.004637242
A 5 62,536,979 1.0824 57,776,219 10 177 0.005242165
E 0 321,686,436 0.8521 377,521,929 21 2,169 0.265999782
F1 2 8,115,279 0.9545 8,502,126 10 52 0.003819255
F1 3 7,189,661 0.9190 7,823,353 8 15 0.031096412
F1 4 5,109,500 0.9329 5,477,007 4 5 0.009758108
F1 5 8,204,353 0.9741 8,422,496 3 4 0.001030369
Random Totals: 513,583,658 570,102,478 87 3,231
CATG D1 EXCEPTION VALUES: 9,286,755 7,700,091
Total Test Values 522,870,413 577,802,569

Margin of Error

Margin of Error Percent: 14.5939328
Margin of Error Value: 84,324,119

Confidence Interval Values(5)

Local Test Value: 522,870,413 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 493,478,450 (State Test Value minus Margin of Error Percent)
State Upper Limit: 662,126,688 (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