taxes Property Tax Assistance

2020 Confidence Interval Detail

Bastrop County
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 122,584,303 0.9142 134,089,152 15 1,138 0.043654448
A 142,752,371 0.9496 150,328,950 17 804 0.011566229
A 145,627,370 0.9836 148,055,480 20 588 0.005401060
A 129,142,574 1.0097 127,901,925 15 323 0.009199453
E 410,157,221 0.9612 426,713,713 21 2,482 0.021388863
Random Totals: 950,263,839 987,089,220 88 5,335
CATG D1 EXCEPTION VALUES: 11,574,340 9,560,003
Total Test Values 961,838,179 996,649,223

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 49,832,461

Confidence Interval Values(5)

Local Test Value: 961,838,179 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 946,816,762 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,046,481,684 (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