taxes Property Tax Assistance

2022 Confidence Interval Detail

Newton County
176-902/Newton ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 24,231,381 0.7709 31,432,587 14 694 0.174631649
A 26,095,221 0.8960 29,124,131 19 345 0.015685424
A 29,871,956 0.9054 32,993,104 17 266 0.051647758
A 35,948,872 0.9891 36,345,033 18 175 0.023995640
E 148,903,869 1.0434 142,710,244 22 1,900 0.029165517
G1 10,278,700 0.9498 10,821,963 8 34 0.004145660
Random Totals: 275,329,999 283,427,062 98 3,414
CATG D1 EXCEPTION VALUES: 59,031,726 57,403,921
CATG G1 EXCEPTION VALUES: 51,289,070 50,436,925
Total Test Values 385,650,795 391,267,908

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,563,395

Confidence Interval Values(5)

Local Test Value: 385,650,795 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 371,704,513 (State Test Value minus Margin of Error Percent)
State Upper Limit: 410,831,303 (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