taxes Property Tax Assistance

2020 Confidence Interval Detail

Menard County
164-901/Menard ISD

Category Summary

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

Stratum
Variance
A 7,563,760 0.9487 7,972,763 12 266 0.014357735
A 8,049,430 0.9252 8,700,205 12 163 0.016147620
A 9,352,790 0.9314 10,041,647 12 120 0.018113765
A 9,373,320 0.9672 9,691,191 11 62 0.001707384
E 70,074,340 0.8552 81,939,125 20 1,088 0.031536773
Random Totals: 104,413,640 118,344,931 67 1,699
CATG D1 EXCEPTION VALUES: 23,847,886 25,780,546
CATG J EXCEPTION VALUES: 2,499,760 2,701,659
Total Test Values 130,761,286 146,827,136

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,341,357

Confidence Interval Values(5)

Local Test Value: 130,761,286 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 139,485,779 (State Test Value minus Margin of Error Percent)
State Upper Limit: 154,168,493 (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