taxes Property Tax Assistance

2018 Confidence Interval Detail

011/Bastrop
011-904/Smithville ISD

Category Summary

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

Stratum
Variance
A 119,872,470 0.8735 137,232,364 25 1220 0.064695248
A 122,506,262 0.9693 126,386,322 25 736 0.019529141
A 111,423,035 0.9333 119,386,087 31 481 0.040767979
A 113,869,638 1.0339 110,136,027 12 298 0.009193024
E 310,080,797 0.9533 325,270,950 25 2302 0.032997078
Random Totals: 777,752,202 818,411,750 118 5,037
CATG D1 EXCEPTION VALUES: 12,323,507 10,219,219
Total Test Values(1) 790,075,709 828,630,969

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 41,431,548

Confidence Interval Values(5)

Local Test Value: 790,075,709 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 787,199,421 (State Test Value minus Margin of Error Percent)
State Upper Limit: 870,062,517 (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