taxes Property Tax Assistance

2017 Confidence Interval Detail

001/Anderson
001-903/Elkhart ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 20,284,298 1.0147 19,990,439 10 454 .069114836
A 21,013,724 0.9438 22,265,018 10 256 .019579890
A 20,700,141 0.9805 21,111,822 9 163 .016776967
A 21,200,989 0.9645 21,981,326 9 107 .005736979
E 142,900,631 0.9299 153,673,116 21 2,057 .042324566
Random Totals: 226,099,783   239,021,721 59 3,037  
Catg J Exception Values: 9,658,293   9,314,528      
Catg D1 Exception Values: 8,818,274   10,175,729      
Total Test Values (4): 244,576,350   258,511,978      

Margin of Error

Margin of Error Percent: 5.5825092
Margin of Error Value: 14,431,455

Confidence Interval Values (5)

State Lower Limit: 244,080,523 (State Test Value minus Margin of Error Percent)
Local Test Value: 244,576,350 (Within Confidence Interval)
State Upper Limit: 272,943,433 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 269,686,026 (See ISD Summary Worksheet)

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
(6) Includes local value of unstudied property categories and sub-categories