taxes Property Tax Assistance

2024 Confidence Interval Detail

Newton County
176-903/Deweyville 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 19,782,493 0.8234 24,025,374 14 348 0.152975048
A 3 23,843,964 0.8471 28,147,756 13 196 0.028279383
A 4 23,297,804 0.9040 25,771,907 13 124 0.029469929
A 5 29,059,672 0.9885 29,397,746 13 90 0.049675444
E 0 68,889,953 1.1095 62,090,990 22 674 0.138479545
G1 2 16,159,220 1.0010 16,143,077 7 19 0.000001920
Random Totals: 181,033,106 185,576,850 82 1,451
CATG D1 EXCEPTION VALUES: 24,333,932 23,862,959
CATG G1 EXCEPTION VALUES: 7,008,350 7,099,065
CATG J EXCEPTION VALUES: 55,231,794 63,681,422
Total Test Values 267,607,182 280,220,296

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,011,015

Confidence Interval Values(5)

Local Test Value: 267,607,182 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 266,209,281 (State Test Value minus Margin of Error Percent)
State Upper Limit: 294,231,311 (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