taxes Property Tax Assistance

2019 Confidence Interval Detail

Cherokee County
037-908/New Summerfield ISD

Category Summary

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

Stratum
Variance
A 4,884,650 1.0113 4,830,070 14 157 0.087885492
A 4,917,490 1.0071 4,882,822 13 82 0.110085740
A 4,965,290 1.0092 4,920,026 12 55 0.043828710
A 4,890,460 1.0254 4,769,319 10 32 0.024627315
E 27,424,530 1.0545 26,007,141 20 467 0.070070859
Random Totals: 47,082,420 45,409,378 69 793
CATG D1 EXCEPTION VALUES: 3,436,539 3,309,959
CATG J EXCEPTION VALUES: 229,639 257,209
Total Test Values(2) 50,748,598 48,976,546

Margin of Error

Margin of Error Percent: 6.6669961
Margin of Error Value: 3,265,264

Confidence Interval Values(5)

Local Test Value: 50,748,598 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 45,711,282 (State Test Value minus Margin of Error Percent)
State Upper Limit: 52,241,810 (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