taxes Property Tax Assistance

2023 Confidence Interval Detail

Fayette County
075-902/La Grange ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 112,877,654 0.7510 150,303,134 15 833 0.099891863
A 140,368,087 0.9600 146,216,757 16 619 0.040687898
A 200,139,721 0.9849 203,208,164 15 653 0.011774380
A 398,170,711 1.0916 364,758,805 26 774 0.022606295
E 690,809,334 0.9698 712,321,442 20 2,558 0.113721255
F1 43,709,851 0.8516 51,326,739 12 194 0.063754196
F1 44,216,945 0.6539 67,620,347 12 74 0.765663173
F1 40,560,810 0.9638 42,084,260 9 24 0.015434376
F1 52,275,390 0.8620 60,644,304 5 11 0.017454168
G1 31,250,218 0.9975 31,328,539 10 95 0.002616445
G1 34,001,010 0.8703 39,068,149 7 17 0.059187166
G1 28,130,297 0.9485 29,657,667 4 6 0.018770658
Random Totals: 1,816,510,028 1,898,538,307 151 5,858
CATG D1 EXCEPTION VALUES: 12,826,333 12,794,897
CATG G1 EXCEPTION VALUES: 30,848,754 30,118,146
CATG J EXCEPTION VALUES: 34,858,120 36,581,303
Total Test Values 1,895,043,235 1,978,032,653

Margin of Error

Margin of Error Percent: 5.8469713
Margin of Error Value: 115,655,002

Confidence Interval Values(5)

Local Test Value: 1,895,043,235 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,862,377,651 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,093,687,655 (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