taxes Property Tax Assistance

2024 Confidence Interval Detail

Limestone County
147-903/Mexia 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 70,952,674 1.0071 70,452,462 12 1,168 0.148006495
A 3 114,958,363 0.9157 125,541,513 13 1,002 0.045578130
A 4 106,232,241 1.0887 97,577,148 12 558 0.037510515
A 5 147,235,068 1.0434 141,110,857 12 422 0.020038824
E 0 208,291,472 0.9458 220,227,820 20 1,519 0.031319257
F1 2 22,434,563 0.6095 36,808,143 11 167 0.216297496
F1 3 23,005,615 0.6557 35,085,580 10 61 0.360450760
F1 4 19,860,768 0.6052 32,816,867 8 17 0.128512622
Random Totals: 712,970,764 759,620,390 98 4,914
CATG D1 EXCEPTION VALUES: 4,741,223 5,437,420
CATG F1 EXCEPTION VALUES: 17,931,428 20,307,140
CATG J EXCEPTION VALUES: 14,755,135 15,461,080
Total Test Values 750,398,550 800,826,030

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 40,041,302

Confidence Interval Values(5)

Local Test Value: 750,398,550 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 760,784,728 (State Test Value minus Margin of Error Percent)
State Upper Limit: 840,867,332 (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