taxes Property Tax Assistance

2023 Confidence Interval Detail

Fayette County
075-906/Fayetteville ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 13,222,330 0.8900 14,856,551 12 89 0.089311951
A 15,681,311 0.9311 16,841,704 12 67 0.034828506
A 16,557,630 1.0088 16,413,194 13 56 0.013687398
A 50,386,242 0.9684 52,030,403 12 118 0.030124340
E 188,004,575 0.9608 195,675,036 19 748 0.028816177
G1 79,363,720 0.8808 90,104,133 7 20 0.119110626
Random Totals: 363,215,808 385,921,021 75 1,098
CATG D1 EXCEPTION VALUES: 2,958,343 2,970,551
CATG J EXCEPTION VALUES: 7,933,240 8,332,189
Total Test Values 374,107,391 397,223,761

Margin of Error

Margin of Error Percent: 6.2489236
Margin of Error Value: 24,822,209

Confidence Interval Values(5)

Local Test Value: 374,107,391 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 372,401,552 (State Test Value minus Margin of Error Percent)
State Upper Limit: 422,045,970 (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