taxes Property Tax Assistance

2023 Confidence Interval Detail

Knox County
138-902/Knox City-O'Brien CISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 4,323,050 0.5326 8,116,879 11 168 0.124766706
A 4,254,630 0.5376 7,914,118 10 106 0.129645276
A 4,325,440 0.6273 6,895,329 9 72 0.062160426
A 6,388,450 0.8745 7,305,260 10 53 0.053092397
E 8,756,090 0.6038 14,501,640 11 154 0.096617671
F1 864,220 0.6707 1,288,534 10 47 0.058507420
F1 702,840 0.8541 822,901 7 15 0.022407042
F1 1,007,410 0.7958 1,265,909 6 10 0.032261448
G1 5,037,192 1.0077 4,998,702 8 36 0.003912473
L1 4,415,990 1.0665 4,140,638 9 24 0.018483764
Random Totals: 40,075,312 57,249,910 91 685
CATG D1 EXCEPTION VALUES: 6,042,960 6,712,917
CATG F1 EXCEPTION VALUES: 698,360 777,333
CATG G1 EXCEPTION VALUES: 7,767,050 7,763,693
CATG J EXCEPTION VALUES: 4,517,370 4,525,612
CATG L1 EXCEPTION VALUES: 0 0
Total Test Values 59,101,052 77,029,465

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,851,473

Confidence Interval Values(5)

Local Test Value: 59,101,052 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 73,177,992 (State Test Value minus Margin of Error Percent)
State Upper Limit: 80,880,938 (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