taxes Property Tax Assistance

2024 Confidence Interval Detail

Marion County
230-903/Ore City 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 5,234,270 0.9499 5,510,338 13 118 0.053393483
A 3 4,637,760 1.0422 4,449,971 12 52 0.056262578
A 4 9,330,840 1.1022 8,465,651 12 66 0.056467658
A 5 9,825,810 1.0478 9,377,563 12 38 0.020383728
E 0 4,486,180 0.9954 4,506,912 17 55 0.022375965
Random Totals: 33,514,860 32,310,435 66 329
CATG D1 EXCEPTION VALUES: 798,468 709,261
Total Test Values 34,313,328 33,019,696

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,650,985

Confidence Interval Values(5)

Local Test Value: 34,313,328 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 31,368,711 (State Test Value minus Margin of Error Percent)
State Upper Limit: 34,670,681 (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