taxes Property Tax Assistance

2023 Confidence Interval Detail

Bandera County
010-901/Medina ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 10,282,552 0.9812 10,479,568 11 101 0.113122901
A 17,300,337 1.1529 15,005,930 9 82 0.111760363
A 13,240,930 1.1331 11,685,579 8 36 0.025683306
A 22,768,780 1.1753 19,372,739 7 40 0.005564683
E 400,152,519 1.0088 396,661,894 20 1,300 0.041417681
Random Totals: 463,745,118 453,205,710 55 1,559
CATG D1 EXCEPTION VALUES: 8,273,059 7,955,817
Total Test Values 472,018,177 461,161,527

Margin of Error

Margin of Error Percent: 7.8367736
Margin of Error Value: 36,140,185

Confidence Interval Values(5)

Local Test Value: 472,018,177 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 425,021,342 (State Test Value minus Margin of Error Percent)
State Upper Limit: 497,301,712 (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