taxes Property Tax Assistance

2023 Confidence Interval Detail

Cherokee County
212-904/Troup ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 15,402,460 1.0343 14,891,676 13 119 0.086233854
A 15,047,380 1.2664 11,882,012 9 66 0.031310379
A 16,141,850 1.2752 12,658,289 9 49 0.032610165
A 29,244,170 0.9994 29,261,727 8 62 0.017059368
E 169,566,785 1.0902 155,537,319 21 756 0.194999464
G1 80,231,633 1.0266 78,152,769 9 50 0.000591524
Random Totals: 325,634,278 302,383,792 69 1,102
CATG D1 EXCEPTION VALUES: 3,158,031 2,890,811
CATG J EXCEPTION VALUES: 8,643,799 8,990,309
Total Test Values 337,436,108 314,264,912

Margin of Error

Margin of Error Percent: 9.4700919
Margin of Error Value: 29,761,176

Confidence Interval Values(5)

Local Test Value: 337,436,108 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 284,503,736 (State Test Value minus Margin of Error Percent)
State Upper Limit: 344,026,088 (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