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 0.8962 9,021,100 11 253 0.012982615
A 9,472,590 0.9160 10,341,255 10 171 0.004365716
A 8,742,260 0.8887 9,837,133 10 102 0.003536236
A 10,596,180 0.8870 11,946,088 10 66 0.014671143
E 87,607,450 0.8927 98,137,616 19 1,190 0.055711198
Random Totals: 124,503,190 139,283,192 60 1,782
CATG D1 EXCEPTION VALUES: 30,803,350 29,807,804
CATG J EXCEPTION VALUES: 3,104,111 3,370,780
Total Test Values 158,410,651 172,461,776

Margin of Error

Margin of Error Percent: 6.1510893
Margin of Error Value: 10,608,278

Confidence Interval Values(5)

Local Test Value: 158,410,651 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 161,853,498 (State Test Value minus Margin of Error Percent)
State Upper Limit: 183,070,054 (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