taxes Property Tax Assistance

2023 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 8,185,440 0.8623 9,492,566 12 238 0.026284001
A 9,845,500 0.9026 10,907,933 10 167 0.010100915
A 11,913,200 0.9168 12,994,328 13 131 0.020775500
A 15,578,460 1.0007 15,567,563 10 89 0.010093568
E 106,872,660 0.8792 121,556,711 20 1,254 0.051306638
Random Totals: 152,395,260 170,519,101 65 1,879
CATG D1 EXCEPTION VALUES: 31,291,390 30,974,616
CATG J EXCEPTION VALUES: 14,044,600 14,127,525
Total Test Values 197,731,250 215,621,242

Margin of Error

Margin of Error Percent: 5.7225895
Margin of Error Value: 12,339,119

Confidence Interval Values(5)

Local Test Value: 197,731,250 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 203,282,123 (State Test Value minus Margin of Error Percent)
State Upper Limit: 227,960,361 (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