taxes Property Tax Assistance

2024 Confidence Interval Detail

Martin County
058-909/Sands 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
G1 2 241,461,555 0.9938 242,967,956 9 73 0.000286891
G1 3 237,439,313 1.0010 237,202,111 12 23 0.000111168
G1 4 229,097,637 1.0026 228,503,528 6 11 0.000198054
G1 5 229,410,054 0.9978 229,915,869 4 5 0.000151267
Random Totals: 937,408,559 938,589,464 31 112
CATG D1 EXCEPTION VALUES: 419,150 3,032,146
CATG J EXCEPTION VALUES: 420 440
Total Test Values 937,828,129 941,622,050

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 47,081,103

Confidence Interval Values(5)

Local Test Value: 937,828,129 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 894,540,947 (State Test Value minus Margin of Error Percent)
State Upper Limit: 988,703,153 (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