taxes Property Tax Assistance

2024 Confidence Interval Detail

Newton County
176-901/Burkeville 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 40,326,855 0.8384 48,099,779 14 433 0.049908563
A 3 42,149,060 0.8541 49,349,093 12 225 0.022729572
A 4 46,312,037 0.9924 46,666,704 12 163 0.015701340
A 5 61,092,225 1.0270 59,486,100 12 141 0.024354776
E 0 82,507,299 1.1737 70,296,753 21 1,220 0.395610106
Random Totals: 272,387,476 273,898,429 71 2,182
CATG D1 EXCEPTION VALUES: 44,516,451 43,564,815
Total Test Values 316,903,927 317,463,244

Margin of Error

Margin of Error Percent: 6.6818910
Margin of Error Value: 21,212,548

Confidence Interval Values(5)

Local Test Value: 316,903,927 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 296,250,696 (State Test Value minus Margin of Error Percent)
State Upper Limit: 338,675,792 (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