taxes Property Tax Assistance

2023 Confidence Interval Detail

Burnet County
027-903/Burnet CISD

Category Summary

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

Stratum
Variance
A 626,618,646 0.9491 660,224,050 49 2,619 0.024576194
A 902,805,762 0.9865 915,160,428 72 2,153 0.019656161
A 920,870,801 0.9869 933,094,337 29 1,207 0.021554847
A 1,121,156,938 0.9683 1,157,861,136 15 566 0.011936136
E 1,773,932,339 0.9561 1,855,383,683 60 4,710 0.045729685
F1 55,729,168 0.9702 57,440,907 10 222 0.004317297
F1 81,533,267 0.8075 100,969,990 11 146 0.067866828
F1 83,598,411 0.8677 96,344,832 9 70 0.096184963
F1 87,480,578 0.9806 89,211,277 10 28 0.003279437
Random Totals: 5,653,725,910 5,865,690,640 265 11,721
CATG D1 EXCEPTION VALUES: 26,018,629 25,965,138
Total Test Values 5,679,744,539 5,891,655,778

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 294,582,789

Confidence Interval Values(5)

Local Test Value: 5,679,744,539 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 5,597,072,989 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,186,238,567 (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