taxes Property Tax Assistance

2022 Confidence Interval Detail

Martin County
058-909/Sands CISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
G1 468,949,150 0.9778 479,596,185 9 54 0.001830622
G1 475,982,662 1.0059 473,190,836 7 17 0.001305460
G1 521,944,813 1.0210 511,209,415 5 8 0.000635165
Random Totals: 1,466,876,625 1,463,996,436 21 79
CATG D1 EXCEPTION VALUES: 909,910 958,023
CATG G1 EXCEPTION VALUES: 374,111,530 371,013,732
Total Test Values 1,841,898,065 1,835,968,191

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 91,798,410

Confidence Interval Values(5)

Local Test Value: 1,841,898,065 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,744,169,781 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,927,766,601 (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