taxes Property Tax Assistance

2024 Confidence Interval Detail

Madison County
145-906/Normangee 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
D2 0 7,111,080 0.9898 7,184,360 15 177 0.001061622
E 0 69,826,654 1.0482 66,615,774 21 353 0.040012426
G1 2 17,882,281 0.9991 17,898,390 8 24 0.000021838
Random Totals: 94,820,015 91,698,524 44 554
CATG D1 EXCEPTION VALUES: 2,257,900 2,921,058
CATG G1 EXCEPTION VALUES: 29,054,156 28,978,634
CATG J EXCEPTION VALUES: 13,612,930 14,570,241
Total Test Values 139,745,001 138,168,457

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,908,423

Confidence Interval Values(5)

Local Test Value: 139,745,001 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 131,260,034 (State Test Value minus Margin of Error Percent)
State Upper Limit: 145,076,880 (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