taxes Property Tax Assistance

2024 Confidence Interval Detail

Fayette County
075-902/La Grange 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 2 216,229,253 0.8277 261,241,093 14 1,187 0.062601858
A 3 219,921,600 1.0651 206,479,767 17 739 0.052395832
A 4 212,614,397 0.9847 215,917,942 16 514 0.046462320
A 5 241,598,740 0.9737 248,124,412 10 374 0.073582056
E 0 747,609,349 1.0421 717,406,534 24 2,955 0.037790309
F1 2 52,258,583 0.8856 59,009,240 12 217 0.034089452
F1 3 44,869,050 0.7186 62,439,535 13 69 0.323255087
F1 4 47,463,770 0.9088 52,226,860 10 26 0.015136875
F1 5 46,576,710 0.8306 56,075,981 6 8 0.031396841
G1 2 32,129,531 0.9865 32,569,215 9 81 0.002944908
G1 3 31,766,033 1.0825 29,345,065 6 15 0.007308187
G1 4 35,574,541 1.0229 34,778,122 5 9 0.006571105
Random Totals: 1,928,611,557 1,975,613,766 142 6,194
CATG D1 EXCEPTION VALUES: 15,494,855 13,097,684
CATG G1 EXCEPTION VALUES: 27,653,437 27,280,454
CATG J EXCEPTION VALUES: 36,022,110 37,743,080
Total Test Values 2,007,781,959 2,053,734,984

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 102,686,749

Confidence Interval Values(5)

Local Test Value: 2,007,781,959 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,951,048,235 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,156,421,733 (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