taxes Property Tax Assistance

2024 Confidence Interval Detail

Falls County
073-901/Chilton 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 11,428,050 0.9104 12,552,779 12 194 0.064599240
A 3 13,487,930 0.9829 13,722,586 12 132 0.065706027
A 4 25,285,180 0.9537 26,512,719 12 156 0.026338875
A 5 24,445,640 1.0595 23,072,808 12 85 0.035842495
E 0 67,098,930 1.1408 58,817,435 20 436 0.094196217
Random Totals: 141,745,730 134,678,327 68 1,003
CATG D1 EXCEPTION VALUES: 5,706,690 6,710,945
CATG J EXCEPTION VALUES: 136,224 140,038
Total Test Values 147,588,644 141,529,310

Margin of Error

Margin of Error Percent: 6.3151542
Margin of Error Value: 8,937,794

Confidence Interval Values(5)

Local Test Value: 147,588,644 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 132,591,516 (State Test Value minus Margin of Error Percent)
State Upper Limit: 150,467,104 (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