taxes Property Tax Assistance

2020 Confidence Interval Detail

Fayette County
075-908/Round Top-Carmine ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 22,274,690 0.9384 23,736,882 15 155 0.025267074
A 25,250,370 1.0142 24,896,835 15 101 0.016806266
A 28,062,018 1.0600 26,473,602 16 65 0.024380593
A 23,504,050 1.2535 18,750,738 15 32 0.040774108
E 242,088,221 0.9960 243,060,463 20 1,055 0.054756163
F1 8,655,280 0.8864 9,764,531 9 43 0.012268068
F1 15,163,922 0.9699 15,634,521 8 29 0.005759913
F1 13,176,300 0.9514 13,849,380 6 11 0.004256671
G1 7,152,089 0.9978 7,167,858 9 65 0.000034494
G1 7,514,899 0.9961 7,544,322 7 22 0.000085062
G1 7,150,450 1.0001 7,149,735 5 9 0.000069483
Random Totals: 399,992,289 398,028,867 125 1,587
CATG D1 EXCEPTION VALUES: 5,133,968 4,574,060
CATG F1 EXCEPTION VALUES: 10,199,100 11,774,227
CATG G1 EXCEPTION VALUES: 6,288,160 6,281,468
Total Test Values 421,613,517 420,658,622

Margin of Error

Margin of Error Percent: 5.9858369
Margin of Error Value: 25,179,939

Confidence Interval Values(5)

Local Test Value: 421,613,517 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 395,478,683 (State Test Value minus Margin of Error Percent)
State Upper Limit: 445,838,561 (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