taxes Property Tax Assistance

2022 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 8,084,710 0.9398 8,602,586 11 253 0.010719662
A 9,472,590 0.9160 10,341,255 10 171 0.004365716
A 8,742,260 0.9090 9,617,448 10 102 0.005093325
A 10,596,180 0.8860 11,959,571 10 66 0.015537330
E 87,607,450 0.8985 97,504,118 19 1,190 0.055888804
Random Totals: 124,503,190 138,024,978 60 1,782
CATG D1 EXCEPTION VALUES: 30,834,140 29,836,043
CATG J EXCEPTION VALUES: 3,104,111 3,254,792
Total Test Values 158,441,441 171,115,813

Margin of Error

Margin of Error Percent: 6.1697353
Margin of Error Value: 10,557,393

Confidence Interval Values(5)

Local Test Value: 158,441,441 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 160,558,420 (State Test Value minus Margin of Error Percent)
State Upper Limit: 181,673,206 (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