taxes Property Tax Assistance

2017 Confidence Interval Detail

210/Shelby
210-903/Shelbyville ISD

Category Summary

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

Stratum
Variance
A 5,802,820 0.8512 6,817,223 12 213 .062723070
A 6,184,030 0.8567 7,218,431 9 113 .029740045
A 5,833,780 0.9484 6,151,181 12 68 .011831535
A 5,781,230 0.9487 6,093,844 9 36 .009205231
E 58,555,327 0.8843 66,216,586 20 975 .052132182
G1 25,001,109 0.9873 25,322,707 15 67 .012528230
Random Totals: 107,158,296   117,819,972 77 1,472  
Catg J Exception Values: 880,960   886,040      
Catg D1 Exception Values: 15,651,360   15,745,009      
Catg G1 Exception Values: 70,517,700   69,651,145      
Total Test Values (4): 194,208,316   204,102,166      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,205,108

Confidence Interval Values (5)

State Lower Limit: 193,897,058 (State Test Value minus Margin of Error Percent)
Local Test Value: 194,208,316 (Within Confidence Interval)
State Upper Limit: 214,307,274 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 224,503,388 (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