taxes Property Tax Assistance

2024 Confidence Interval Detail

Dewitt County
062-902/Nordheim 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
G1 2 309,172,403 1.0020 308,555,292 10 111 0.001462751
G1 3 307,451,654 1.0191 301,689,387 9 42 0.002752782
G1 4 313,975,003 1.0099 310,897,121 8 26 0.000931066
G1 5 302,276,267 1.0367 291,575,448 5 7 0.008131192
Random Totals: 1,232,875,327 1,212,717,248 32 186
CATG D1 EXCEPTION VALUES: 4,056,777 4,165,650
CATG J EXCEPTION VALUES: 9,076,130 9,640,415
Total Test Values 1,246,008,234 1,226,523,313

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 61,326,166

Confidence Interval Values(5)

Local Test Value: 1,246,008,234 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,165,197,147 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,287,849,479 (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