taxes Property Tax Assistance

2019 Confidence Interval Detail

Cherokee County
037-901/Alto ISD

Category Summary

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

Stratum
Variance
A 8,364,750 0.8029 10,418,172 10 277 0.092426484
A 8,407,670 0.8789 9,566,128 9 141 0.049275623
A 9,577,960 1.1042 8,674,117 9 104 0.049673689
A 10,987,290 1.0783 10,189,456 9 69 0.021582599
E 73,637,517 0.9437 78,030,642 22 1033 0.118453544
G1 2,674,501 0.9821 2,723,247 10 92 0.003851534
G1 2,718,551 1.0088 2,694,836 8 31 0.000217030
G1 2,706,628 1.0129 2,672,157 7 16 0.000387957
G1 2,442,623 1.0005 2,441,402 4 6 0.000250745
Random Totals: 121,517,490 127,410,157 88 1,769
CATG D1 EXCEPTION VALUES: 15,248,466 14,410,680
CATG J EXCEPTION VALUES: 2,446,873 1,362,181
Total Test Values(2) 139,212,829 143,183,018

Margin of Error

Margin of Error Percent: 8.1185813
Margin of Error Value: 11,624,430

Confidence Interval Values(5)

Local Test Value: 139,212,829 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 131,558,588 (State Test Value minus Margin of Error Percent)
State Upper Limit: 154,807,448 (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