taxes Property Tax Assistance

2024 Confidence Interval Detail

Shelby County
210-902/Joaquin 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 17,769,712 0.5698 31,185,876 14 332 0.202806257
A 3 17,611,220 0.7516 23,431,639 12 171 0.130720003
A 4 19,300,460 0.9371 20,595,945 12 124 0.028031622
A 5 23,078,280 0.8777 26,294,041 12 82 0.067490043
E 0 78,849,715 0.9293 84,848,504 20 767 0.046123849
G1 2 47,236,284 0.9976 47,349,924 9 49 0.000079527
Random Totals: 203,845,671 233,705,929 79 1,525
CATG D1 EXCEPTION VALUES: 6,976,229 4,813,538
CATG J EXCEPTION VALUES: 8,304,197 8,693,130
Total Test Values 219,126,097 247,212,597

Margin of Error

Margin of Error Percent: 5.0563440
Margin of Error Value: 12,499,919

Confidence Interval Values(5)

Local Test Value: 219,126,097 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 234,712,678 (State Test Value minus Margin of Error Percent)
State Upper Limit: 259,712,516 (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