taxes Property Tax Assistance

2023 Confidence Interval Detail

Anderson County
001-907/Palestine ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 120,072,399 0.9262 129,639,818 12 1,657 0.028075479
A 167,427,364 0.9322 179,604,553 13 1,337 0.017960431
A 167,773,830 1.0195 164,564,816 14 894 0.034914227
A 281,763,480 1.0598 265,864,767 22 878 0.015402877
E 547,684,620 0.9894 553,552,274 24 3,470 0.025878601
F1 81,632,416 0.9756 83,674,063 15 386 0.103711161
F1 82,342,976 0.9481 86,850,518 15 113 0.051500672
F1 69,996,663 1.0771 64,986,225 13 37 0.029001730
F1 124,578,471 0.9469 131,564,549 8 19 0.038621179
L1 30,161,636 1.0278 29,345,822 10 265 0.010595127
L1 36,201,895 1.0173 35,586,253 8 37 0.000836514
Random Totals: 1,709,635,750 1,725,233,658 154 9,093
CATG D1 EXCEPTION VALUES: 12,250,216 11,145,264
CATG L1 EXCEPTION VALUES: 30,365,248 30,466,168
Total Test Values 1,752,251,214 1,766,845,090

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 88,342,255

Confidence Interval Values(5)

Local Test Value: 1,752,251,214 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,678,502,835 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,855,187,345 (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