taxes Property Tax Assistance

2018 Confidence Interval Detail

164/Menard
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 7,877,610 0.8432 9,342,517 15 280 0.016524319
A 7,939,640 0.9481 8,374,264 16 159 0.014815974
A 7,144,470 0.9111 7,841,587 15 91 0.005948610
A 7,674,070 0.9841 7,798,059 15 50 0.011182540
E 81,965,430 0.9701 84,491,733 24 1483 0.066095154
Random Totals: 112,601,220 117,848,160 85 2,063
CATG D1 EXCEPTION VALUES: 27,164,180 27,542,013
CATG J EXCEPTION VALUES: 2,414,980 2,629,475
Total Test Values(2) 142,180,380 148,019,648

Margin of Error

Margin of Error Percent: 5.9432600
Margin of Error Value: 8,797,193

Confidence Interval Values(5)

Local Test Value: 142,180,380 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 139,222,455 (State Test Value minus Margin of Error Percent)
State Upper Limit: 156,816,841 (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