taxes Property Tax Assistance

2024 Confidence Interval Detail

Martin County
058-905/Klondike 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
G1 2 1,171,147,270 0.9965 1,175,260,682 10 189 0.000186844
G1 3 1,165,083,654 1.0079 1,155,951,636 9 73 0.000082291
G1 4 1,182,914,171 0.9990 1,184,098,269 8 36 0.000257882
G1 5 1,146,163,435 1.0047 1,140,801,667 6 12 0.000153220
Random Totals: 4,665,308,530 4,656,112,254 33 310
CATG D1 EXCEPTION VALUES: 2,081,056 12,098,759
Total Test Values 4,667,389,586 4,668,211,013

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 233,410,551

Confidence Interval Values(5)

Local Test Value: 4,667,389,586 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,434,800,462 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,901,621,564 (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