taxes Property Tax Assistance

2024 Confidence Interval Detail

Bastrop County
011-902/Elgin 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 2 488,588,556 0.9990 489,077,634 33 2,168 0.010522524
A 3 447,363,778 1.0351 432,193,776 39 1,374 0.014643912
A 4 430,383,755 1.0768 399,687,737 33 1,090 0.012138768
A 5 426,491,586 1.0178 419,032,802 27 722 0.040137494
E 0 518,923,695 0.9875 525,492,349 24 1,723 0.076241195
F1 2 41,756,308 0.8206 50,885,094 10 122 0.481128117
F1 3 46,441,776 0.9417 49,316,954 9 57 0.009621625
F1 4 41,711,731 0.8438 49,433,196 11 25 0.067553587
F1 5 52,837,137 0.8384 63,021,394 6 11 0.095694870
Random Totals: 2,494,498,322 2,478,140,936 192 7,292
CATG D1 EXCEPTION VALUES: 5,175,770 6,188,188
Total Test Values 2,499,674,092 2,484,329,124

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 124,216,456

Confidence Interval Values(5)

Local Test Value: 2,499,674,092 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,360,112,668 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,608,545,580 (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