taxes Property Tax Assistance

2024 Confidence Interval Detail

Martin County
156-902/Stanton 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 1,658,344,507 0.9983 1,661,168,493 10 333 0.000221225
G1 3 1,656,984,232 0.9957 1,664,140,034 10 145 0.000090458
G1 4 1,648,632,379 1.0031 1,643,537,413 9 84 0.000445017
G1 5 1,638,674,638 0.9939 1,648,731,903 8 28 0.000137955
Random Totals: 6,602,635,756 6,617,577,843 37 590
CATG D1 EXCEPTION VALUES: 3,415,434 12,554,374
CATG J EXCEPTION VALUES: 27,360,143 29,312,484
Total Test Values 6,633,411,333 6,659,444,701

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 332,972,235

Confidence Interval Values(5)

Local Test Value: 6,633,411,333 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,326,472,466 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,992,416,936 (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