taxes Property Tax Assistance

2022 Confidence Interval Detail

Madison County
145-906/Normangee ISD

Category Summary

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

Stratum
Variance
D2 6,672,070 0.8915 7,484,094 11 171 0.051460023
E 61,156,464 1.0223 59,822,424 21 333 0.040832929
G1 20,684,418 0.9936 20,817,651 7 21 0.000402522
Random Totals: 88,512,952 88,124,169 39 525
CATG D1 EXCEPTION VALUES: 2,248,840 1,976,610
CATG J EXCEPTION VALUES: 9,196,500 10,178,169
Total Test Values 99,958,292 100,278,948

Margin of Error

Margin of Error Percent: 5.2588138
Margin of Error Value: 5,273,483

Confidence Interval Values(5)

Local Test Value: 99,958,292 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 95,005,465 (State Test Value minus Margin of Error Percent)
State Upper Limit: 105,552,431 (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