taxes Property Tax Assistance

2024 Confidence Interval Detail

Madison County
154-903/North Zulch 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 11,707,250 0.9542 12,269,178 11 128 0.041535793
A 3 13,780,080 1.1101 12,413,368 10 76 0.008243455
A 4 8,544,250 1.0613 8,050,740 10 28 0.014527535
A 5 25,421,860 1.0886 23,352,802 9 59 0.013426357
E 0 137,553,030 1.0442 131,730,540 21 765 0.014131419
G1 2 21,531,440 1.0001 21,529,287 9 54 0.000051278
G1 3 22,325,671 0.9978 22,374,896 7 20 0.000017737
G1 4 22,762,520 0.9899 22,994,767 5 10 0.000278234
G1 5 18,286,724 0.9991 18,303,197 3 4 0.000074966
Random Totals: 281,912,825 273,018,775 85 1,144
CATG D1 EXCEPTION VALUES: 3,015,480 3,859,758
CATG J EXCEPTION VALUES: 13,321,830 14,151,968
Total Test Values 298,250,135 291,030,501

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,551,525

Confidence Interval Values(5)

Local Test Value: 298,250,135 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 276,478,976 (State Test Value minus Margin of Error Percent)
State Upper Limit: 305,582,026 (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