taxes Property Tax Assistance

2024 Confidence Interval Detail

Fayette County
075-906/Fayetteville 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 24,397,740 0.9702 25,147,124 12 130 0.064674783
A 3 24,503,210 1.0043 24,398,297 12 82 0.024846110
A 4 25,351,770 1.0810 23,452,146 12 66 0.059785827
A 5 29,561,910 1.0661 27,729,022 11 54 0.091630783
E 0 206,932,650 0.9424 219,580,486 20 849 0.035325295
G1 2 63,236,315 0.9770 64,724,990 15 27 0.011198193
Random Totals: 373,983,595 385,032,065 82 1,208
CATG D1 EXCEPTION VALUES: 3,638,944 3,032,155
CATG J EXCEPTION VALUES: 8,188,301 8,579,365
Total Test Values 385,810,840 396,643,585

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,832,179

Confidence Interval Values(5)

Local Test Value: 385,810,840 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 376,811,406 (State Test Value minus Margin of Error Percent)
State Upper Limit: 416,475,764 (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