taxes Property Tax Assistance

2022 Confidence Interval Detail

Newton County
176-901/Burkeville ISD

Category Summary

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

Stratum
Variance
A 36,219,403 0.9836 36,823,305 17 438 0.029697780
A 35,931,401 0.9509 37,786,729 15 217 0.025930867
A 39,255,125 0.9166 42,826,887 15 161 0.057820071
A 54,504,589 0.9757 55,862,036 16 145 0.039581055
E 68,916,192 0.9619 71,645,901 23 1,086 0.171219101
Random Totals: 234,826,710 244,944,858 86 2,047
CATG D1 EXCEPTION VALUES: 45,427,463 44,062,370
Total Test Values 280,254,173 289,007,228

Margin of Error

Margin of Error Percent: 5.1183570
Margin of Error Value: 14,792,422

Confidence Interval Values(5)

Local Test Value: 280,254,173 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 274,214,806 (State Test Value minus Margin of Error Percent)
State Upper Limit: 303,799,650 (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