taxes Property Tax Assistance

2024 Confidence Interval Detail

Madison County
154-901/Madisonville CISD

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 69,325,283 0.9218 75,206,425 13 714 0.059629363
A 3 68,456,260 0.9271 73,839,133 13 387 0.050204566
A 4 72,943,660 1.0278 70,970,675 14 289 0.006486817
A 5 74,023,860 0.9886 74,877,463 13 183 0.050665942
E 0 444,499,011 1.0244 433,911,569 21 2,483 0.066228813
F1 2 33,619,740 1.0231 32,860,659 11 136 0.028063959
F1 3 33,284,760 0.9098 36,584,700 9 45 0.058111586
F1 4 30,954,170 0.9774 31,669,910 8 19 0.024985625
F1 5 37,438,110 0.9687 38,647,786 4 8 0.006336613
Random Totals: 864,544,854 868,568,320 106 4,264
CATG D1 EXCEPTION VALUES: 12,441,340 16,163,551
CATG J EXCEPTION VALUES: 43,427,896 47,594,199
Total Test Values 920,414,090 932,326,070

Margin of Error

Margin of Error Percent: 5.5089483
Margin of Error Value: 51,361,361

Confidence Interval Values(5)

Local Test Value: 920,414,090 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 880,964,709 (State Test Value minus Margin of Error Percent)
State Upper Limit: 983,687,431 (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