taxes Property Tax Assistance

2021 Confidence Interval Detail

Hall County
096-904/Memphis ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 7,481,560 1.0134 7,382,633 13 388 0.019227202
A 9,607,490 1.0032 9,576,844 14 247 0.002101150
A 11,468,930 1.0117 11,336,295 13 194 0.004948704
A 14,386,040 1.0403 13,828,742 18 135 0.009247377
F1 3,803,240 0.9861 3,856,850 10 84 0.001738841
F1 4,997,260 1.0220 4,889,687 8 24 0.003238027
Random Totals: 51,744,520 50,871,051 76 1,072
CATG D1 EXCEPTION VALUES: 48,051,323 45,856,703
CATG F1 EXCEPTION VALUES: 4,482,910 4,165,575
CATG J EXCEPTION VALUES: 11,320,710 11,926,372
Total Test Values 115,599,463 112,819,701

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,640,985

Confidence Interval Values(5)

Local Test Value: 115,599,463 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 107,178,716 (State Test Value minus Margin of Error Percent)
State Upper Limit: 118,460,686 (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