taxes Property Tax Assistance

2018 Confidence Interval Detail

227/Travis
011-902/Elgin ISD

Category Summary

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

Stratum
Variance
A 32,593,327 0.9518 34,243,882 15 238 0.007876206
A 52,524,548 0.9544 55,034,103 21 327 0.001937442
A 63,572,054 0.9836 64,632,019 29 349 0.010493165
A 98,287,216 1.0827 90,779,732 27 417 0.021287258
E 47,280,285 0.7837 60,329,571 13 397 0.187827188
Random Totals: 294,257,430 305,019,307 105 1,728
CATG D1 EXCEPTION VALUES: 5,740,039 8,925,723
Total Test Values(1) 299,997,469 313,945,030

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,697,252

Confidence Interval Values(5)

Local Test Value: 299,997,469 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 298,247,778 (State Test Value minus Margin of Error Percent)
State Upper Limit: 329,642,282 (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