taxes Property Tax Assistance

2023 Confidence Interval Detail

Anderson County
001-903/Elkhart ISD

Category Summary

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

Stratum
Variance
A 23,761,990 0.8062 29,474,064 11 389 0.021018736
A 33,982,971 0.8641 39,327,591 11 295 0.049720764
A 28,380,574 0.8656 32,787,170 12 163 0.018677080
A 52,772,801 0.9056 58,273,853 11 180 0.013530025
E 298,284,678 0.9356 318,816,458 21 2,095 0.014348838
F1 8,017,948 0.9870 8,123,554 10 53 0.003836293
F1 5,340,327 0.9598 5,564,000 7 12 0.016022148
F1 6,681,317 0.9891 6,754,946 4 7 0.001227753
F1 5,239,975 1.0212 5,131,009 2 4 0.000752767
Random Totals: 462,462,581 504,252,645 89 3,198
CATG D1 EXCEPTION VALUES: 9,388,279 8,846,961
CATG J EXCEPTION VALUES: 14,528,569 15,225,770
Total Test Values 486,379,429 528,325,376

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 26,416,269

Confidence Interval Values(5)

Local Test Value: 486,379,429 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 501,909,107 (State Test Value minus Margin of Error Percent)
State Upper Limit: 554,741,645 (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