taxes Property Tax Assistance

2023 Confidence Interval Detail

Medina County
163-903/Natalia ISD

Category Summary

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

Stratum
Variance
A 70,867,863 0.9159 77,375,110 12 631 0.014551609
A 106,360,534 0.9496 112,005,617 12 487 0.019844411
A 72,422,376 0.9925 72,969,648 12 209 0.009248302
A 157,818,690 1.0505 150,231,975 14 307 0.003236793
C1 3,404,550 1.0947 3,110,030 11 60 0.029705900
C1 7,558,643 0.9845 7,677,647 11 88 0.021512806
C1 21,361,760 1.1494 18,585,140 10 181 0.055081247
C1 26,149,760 1.1653 22,440,367 9 115 0.005803149
E 114,938,827 1.0693 107,489,785 20 581 0.044033840
Random Totals: 580,883,003 571,885,319 111 2,659
CATG D1 EXCEPTION VALUES: 3,527,750 3,426,600
Total Test Values 584,410,753 575,311,919

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 28,765,596

Confidence Interval Values(5)

Local Test Value: 584,410,753 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 546,546,323 (State Test Value minus Margin of Error Percent)
State Upper Limit: 604,077,515 (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