taxes Property Tax Assistance

2019 Confidence Interval Detail

Cherokee County
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 7,693,020 0.9826 7,829,249 10 106 0.047528322
A 9,711,854 1.0713 9,065,485 9 72 0.054801101
A 5,270,000 1.1586 4,548,593 10 28 0.027600858
A 13,144,570 1.0507 12,510,298 9 52 0.024048017
E 84,695,330 1.0195 83,075,360 22 740 0.048812841
G1 73,747,335 1.0068 73,249,240 9 44 0.000223623
Random Totals: 194,262,109 190,278,225 69 1,042
CATG D1 EXCEPTION VALUES: 3,726,480 3,614,239
CATG J EXCEPTION VALUES: 6,677,609 6,880,676
Total Test Values(2) 204,666,198 200,773,140

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,038,657

Confidence Interval Values(5)

Local Test Value: 204,666,198 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 190,734,483 (State Test Value minus Margin of Error Percent)
State Upper Limit: 210,811,797 (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