taxes Property Tax Assistance

2021 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 11,314,860 0.7550 14,986,570 16 322 0.054162233
A 10,833,630 0.8688 12,469,648 16 154 0.039924550
A 10,738,040 1.0347 10,377,926 16 96 0.031109418
A 9,455,970 1.1659 8,110,447 16 47 0.030811109
E 85,143,270 1.1053 77,031,819 20 1,024 0.164818388
Random Totals: 127,485,770 122,976,410 84 1,643
CATG D1 EXCEPTION VALUES: 15,897,978 14,063,521
CATG J EXCEPTION VALUES: 1,910,709 1,716,983
Total Test Values 145,294,457 138,756,914

Margin of Error

Margin of Error Percent: 10.0671194
Margin of Error Value: 13,968,824

Confidence Interval Values(5)

Local Test Value: 145,294,457 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 124,788,090 (State Test Value minus Margin of Error Percent)
State Upper Limit: 152,725,738 (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