taxes Property Tax Assistance

2020 Confidence Interval Detail

Marion County
230-903/Ore City ISD

Category Summary

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

Stratum
Variance
A 3,100,410 0.9527 3,254,340 10 122 0.018727226
A 3,358,730 0.9527 3,525,485 10 65 0.064513267
A 3,419,190 0.9828 3,479,029 9 45 0.020176463
A 3,647,900 1.0150 3,593,990 8 27 0.006134501
C1 352,910 0.6607 534,146 13 316 0.043930138
C1 146,030 0.7455 195,882 10 84 0.056559617
C1 260,060 0.8180 317,922 10 71 0.609039854
C1 261,250 0.9761 267,647 8 15 0.119776010
E 2,043,380 0.9019 2,265,639 11 38 0.144602252
Random Totals: 16,589,860 17,434,080 89 783
CATG D1 EXCEPTION VALUES: 838,930 817,427
Total Test Values 17,428,790 18,251,507

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 912,575

Confidence Interval Values(5)

Local Test Value: 17,428,790 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 17,338,932 (State Test Value minus Margin of Error Percent)
State Upper Limit: 19,164,082 (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