taxes Property Tax Assistance

2021 Confidence Interval Detail

Cherokee County
212-904/Troup ISD

Category Summary

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

Stratum
Variance
A 10,126,990 0.9526 10,630,894 11 122 0.077434589
A 8,691,820 1.2211 7,118,025 10 58 0.026265334
A 9,254,220 1.1208 8,256,799 9 45 0.047570033
A 21,726,020 1.2373 17,559,218 9 70 0.014717346
E 114,104,506 0.9728 117,294,928 20 732 0.071971832
G1 41,423,642 0.9811 42,221,631 9 41 0.000986871
Random Totals: 205,327,198 203,081,495 68 1,068
CATG D1 EXCEPTION VALUES: 3,881,050 3,311,829
CATG J EXCEPTION VALUES: 7,499,575 7,781,629
Total Test Values 216,707,823 214,174,953

Margin of Error

Margin of Error Percent: 6.5780796
Margin of Error Value: 14,088,599

Confidence Interval Values(5)

Local Test Value: 216,707,823 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 200,086,354 (State Test Value minus Margin of Error Percent)
State Upper Limit: 228,263,552 (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