taxes Property Tax Assistance

2024 Confidence Interval Detail

Limestone County
147-902/Groesbeck 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 2 122,686,884 0.8159 150,370,001 12 1,408 0.208238813
A 3 132,892,663 0.9016 147,396,476 14 721 0.112977701
A 4 154,501,537 1.0166 151,978,691 17 528 0.010644771
A 5 215,737,430 1.0057 214,514,696 13 416 0.015578882
E 0 389,991,081 1.0279 379,405,663 22 2,315 0.068603183
G1 2 10,431,270 0.9968 10,464,757 10 584 0.000887158
G1 3 10,413,200 1.0015 10,397,604 10 180 0.000261862
G1 4 10,447,910 0.9943 10,507,804 10 103 0.000081719
G1 5 10,376,400 0.9961 10,417,026 8 36 0.000031867
Random Totals: 1,057,478,375 1,085,452,718 116 6,291
CATG D1 EXCEPTION VALUES: 13,636,848 15,605,791
CATG J EXCEPTION VALUES: 24,684,186 25,840,704
Total Test Values 1,095,799,409 1,126,899,213

Margin of Error

Margin of Error Percent: 5.7551883
Margin of Error Value: 64,855,172

Confidence Interval Values(5)

Local Test Value: 1,095,799,409 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,062,044,041 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,191,754,385 (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