taxes Property Tax Assistance

2023 Confidence Interval Detail

Burleson County
026-903/Snook ISD

Category Summary

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

Stratum
Variance
A 27,270,796 0.8026 33,978,066 12 309 0.064781866
A 27,522,196 1.0108 27,228,132 12 168 0.024303623
A 40,888,434 1.0236 39,945,715 16 169 0.016234434
A 56,708,400 0.9726 58,305,984 14 147 0.022439744
E 210,279,076 1.0284 204,472,069 15 1,053 0.024401043
G1 29,360,780 1.0093 29,090,241 15 35 0.006590520
G1 29,475,782 1.0151 29,037,318 12 19 0.003008710
G1 38,219,410 0.9933 38,477,207 9 12 0.001062042
Random Totals: 459,724,874 460,534,732 105 1,912
CATG D1 EXCEPTION VALUES: 17,370,113 15,707,429
CATG G1 EXCEPTION VALUES: 19,059,600 19,373,465
Total Test Values 496,154,587 495,615,626

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,780,781

Confidence Interval Values(5)

Local Test Value: 496,154,587 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 470,834,845 (State Test Value minus Margin of Error Percent)
State Upper Limit: 520,396,407 (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