taxes Property Tax Assistance

2023 Confidence Interval Detail

Fayette County
075-903/Schulenburg ISD

Category Summary

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

Stratum
Variance
A 37,242,388 0.7853 47,424,409 12 386 0.066794294
A 36,467,162 1.0382 35,125,373 12 233 0.041844576
A 57,419,893 1.1537 49,770,211 12 259 0.043145146
A 98,300,930 1.0879 90,358,424 14 255 0.064963515
E 315,863,825 0.9236 341,992,015 20 1,298 0.153587887
F1 17,743,730 0.8786 20,195,459 11 94 0.043823936
F1 17,611,158 0.9192 19,159,223 9 33 0.042304559
F1 21,037,140 0.9572 21,977,789 7 17 0.006321882
F1 13,491,130 0.8364 16,129,637 3 5 0.094352673
Random Totals: 615,177,356 642,132,540 100 2,580
CATG D1 EXCEPTION VALUES: 6,026,170 5,974,727
Total Test Values 621,203,526 648,107,267

Margin of Error

Margin of Error Percent: 9.4453343
Margin of Error Value: 61,215,898

Confidence Interval Values(5)

Local Test Value: 621,203,526 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 586,891,369 (State Test Value minus Margin of Error Percent)
State Upper Limit: 709,323,165 (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