taxes Property Tax Assistance

2021 Confidence Interval Detail

Menard County
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 8,006,860 1.0012 7,997,263 11 261 0.020344176
A 8,929,030 0.9152 9,756,370 11 168 0.011276054
A 8,874,950 0.9707 9,142,835 11 106 0.006320681
A 9,482,330 0.9829 9,647,299 10 60 0.001859008
E 74,630,790 0.9177 81,323,733 21 1,129 0.248462142
Random Totals: 109,923,960 117,867,500 64 1,724
CATG D1 EXCEPTION VALUES: 29,134,839 28,806,652
CATG J EXCEPTION VALUES: 10,064,810 10,579,145
Total Test Values 149,123,609 157,253,297

Margin of Error

Margin of Error Percent: 11.1640935
Margin of Error Value: 17,555,905

Confidence Interval Values(5)

Local Test Value: 149,123,609 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 139,697,392 (State Test Value minus Margin of Error Percent)
State Upper Limit: 174,809,202 (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