taxes Property Tax Assistance

2023 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 8,185,440 0.8628 9,487,065 12 238 0.026079243
A 9,845,500 0.9033 10,899,480 10 167 0.010132497
A 11,913,200 0.9381 12,699,286 13 131 0.021996805
A 15,578,460 1.0007 15,567,563 10 89 0.010093568
E 106,872,660 0.8792 121,556,711 20 1,254 0.051306638
Random Totals: 152,395,260 170,210,105 65 1,879
CATG D1 EXCEPTION VALUES: 31,291,390 30,974,616
CATG J EXCEPTION VALUES: 14,044,600 14,127,525
Total Test Values 197,731,250 215,312,246

Margin of Error

Margin of Error Percent: 5.7307517
Margin of Error Value: 12,339,010

Confidence Interval Values(5)

Local Test Value: 197,731,250 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 202,973,236 (State Test Value minus Margin of Error Percent)
State Upper Limit: 227,651,256 (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