taxes Property Tax Assistance

2024 Confidence Interval Detail

Bandera County
010-901/Medina ISD

Category Summary

(1)
Category 		(1)
Stratum
Number 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2 16,883,875 1.0374 16,275,183 10 131 0.023201304
A 3 15,208,686 0.9411 16,160,542 9 58 0.035371404
A 4 17,366,756 1.1570 15,010,161 8 42 0.022124624
A 5 8,366,080 1.1149 7,503,884 8 14 0.026069254
E 0 394,650,886 1.0748 367,185,417 20 1,337 0.064572446
Random Totals: 452,476,283 422,135,187 55 1,582
CATG D1 EXCEPTION VALUES: 8,205,347 7,489,561
Total Test Values 460,681,630 429,624,748

Margin of Error

Margin of Error Percent: 9.6868777
Margin of Error Value: 41,617,224

Confidence Interval Values(5)

Local Test Value: 460,681,630 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 388,007,524 (State Test Value minus Margin of Error Percent)
State Upper Limit: 471,241,972 (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