taxes Property Tax Assistance

2016 Confidence Interval Detail

154/Madison
145-906/Normangee ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
D2 6,162,050 0.9991 6,167,601 14 179 .002296560
E 31,276,350 0.9947 31,442,998 14 310 .101508621
G1 16,223,900 1.0510 15,436,632 16 18 .034374998
Random Totals: 53,662,300   53,047,231 44 507  
Catg J Exception Values: 5,447,230   5,454,331      
Catg D1 Exception Values: 2,250,070   2,647,726      
Total Test Values (4): 61,359,600   61,149,288      

Margin of Error

Margin of Error Percent: 8.6604982
Margin of Error Value: 5,295,833

Confidence Interval Values (5)

State Lower Limit: 55,853,455 (State Test Value minus Margin of Error Percent)
Local Test Value: 61,359,600 (Within Confidence Interval)
State Upper Limit: 66,445,121 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 70,579,682 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories