taxes Property Tax Assistance

2025 Confidence Interval Detail

Mitchell County
168-902/Loraine 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 3,148,549 0.8509 3,700,257 9 87 287,833,434
A 3 2,923,687 0.8296 3,524,213 9 47 264,848,613
A 4 2,977,739 0.8683 3,429,390 8 34 279,729,941
A 5 2,871,282 0.8603 3,337,536 7 20 4,796,646,337
E 0 26,893,093 0.9227 29,146,085 22 245 38,774,114,037
Random Totals: 38,814,350 43,137,481 55 433
CATG D1 EXCEPTION VALUES: 11,367,861 9,766,302
CATG J EXCEPTION VALUES: 31,814,760 36,634,164
Total Test Values 81,996,971 89,537,947

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,476,897

Confidence Interval Values(5)

Local Test Value: 81,996,971 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 85,061,050 (State Test Value minus Margin of Error Percent)
State Upper Limit: 94,014,844 (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