taxes Property Tax Assistance

2023 Confidence Interval Detail

Medina County
163-908/Medina Valley ISD

Category Summary

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

Stratum
Variance
A 458,878,517 0.9747 470,789,491 50 2,442 0.010974337
A 571,395,741 1.0362 551,433,836 50 1,671 0.005801499
A 496,008,113 1.0154 488,485,437 29 1,029 0.010160467
A 845,015,435 0.9612 879,125,505 47 1,203 0.039510459
C1 24,283,552 1.1250 21,585,380 10 395 0.022662719
C1 34,682,899 1.1242 30,851,182 10 327 0.049875084
C1 103,186,560 1.0323 99,957,919 17 585 0.008644915
C1 33,651,380 1.2967 25,951,554 8 20 0.031749408
E 301,767,272 0.9702 311,036,149 21 982 0.036172833
Random Totals: 2,868,869,469 2,879,216,453 242 8,654
CATG D1 EXCEPTION VALUES: 23,074,590 23,308,618
Total Test Values 2,891,944,059 2,902,525,071

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 145,126,254

Confidence Interval Values(5)

Local Test Value: 2,891,944,059 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,757,398,817 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,047,651,325 (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