taxes Property Tax Assistance

2022 Confidence Interval Detail

Grimes County
154-901/Madisonville CISD

Category Summary

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

Stratum
Variance
A 6,809,430 0.8614 7,905,073 15 117 0.063247656
A 10,690,750 0.7473 14,305,834 15 118 0.076535775
A 20,602,500 0.7489 27,510,349 15 180 0.062812444
A 24,035,350 0.8447 28,454,303 16 122 0.027576201
E 85,692,450 0.9259 92,550,437 21 506 0.040097343
Random Totals: 147,830,480 170,725,996 82 1,043
CATG D1 EXCEPTION VALUES: 3,754,479 3,410,298
CATG J EXCEPTION VALUES: 4,223,901 5,230,012
Total Test Values 155,808,860 179,366,306

Margin of Error

Margin of Error Percent: 5.0761385
Margin of Error Value: 9,104,882

Confidence Interval Values(5)

Local Test Value: 155,808,860 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 170,261,424 (State Test Value minus Margin of Error Percent)
State Upper Limit: 188,471,188 (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