taxes Property Tax Assistance

2017 Confidence Interval Detail

037/Cherokee
212-904/Troup ISD

Category Summary

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

Stratum
Variance
A 7,026,160 1.0057 6,986,338 9 116 .032768857
A 7,405,460 1.0646 6,956,096 9 64 .006081630
A 6,851,670 1.0137 6,759,071 8 40 .006535107
A 8,081,270 0.9529 8,480,712 7 35 .010835114
E 72,629,955 0.9835 73,848,454 18 775 .034319154
G1 12,792,324 1.0002 12,789,766 7 28 .002838829
G1 10,632,762 1.0427 10,197,336 3 4 .000268995
G1 12,974,381 0.9884 13,126,650 3 4 .000483374
Random Totals: 138,393,982   139,144,423 64 1,066  
Catg J Exception Values: 6,188,568   6,125,455      
Catg D1 Exception Values: 3,600,800   3,623,007      
Catg G1 Exception Values: 10,271,613   10,323,073      
Total Test Values (4): 158,454,963   159,215,958      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,960,797

Confidence Interval Values (5)

State Lower Limit: 151,255,161 (State Test Value minus Margin of Error Percent)
Local Test Value: 158,454,963 (Within Confidence Interval)
State Upper Limit: 167,176,755 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 157,548,357 (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, 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
(6) Includes local value of unstudied property categories and sub-categories