taxes Property Tax Assistance

2020 Confidence Interval Detail

Newton County
176-902/Newton ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 22,000,073 0.7899 27,851,719 16 697 0.067972274
A 23,745,638 0.9186 25,849,813 20 344 0.050194023
A 26,515,029 0.9846 26,929,747 15 251 0.022743994
A 23,547,594 0.9836 23,940,214 18 129 0.050416817
E 114,791,830 1.0086 113,813,038 27 1,740 0.067493383
G1 8,041,410 0.9984 8,054,297 8 38 0.000049630
Random Totals: 218,641,574 226,438,828 104 3,199
CATG D1 EXCEPTION VALUES: 63,670,422 62,174,775
CATG G1 EXCEPTION VALUES: 31,635,130 31,485,212
Total Test Values 313,947,126 320,098,815

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,004,941

Confidence Interval Values(5)

Local Test Value: 313,947,126 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 304,093,874 (State Test Value minus Margin of Error Percent)
State Upper Limit: 336,103,756 (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