taxes Property Tax Assistance

2024 Confidence Interval Detail

Bastrop County
011-904/Smithville 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 2 233,880,769 0.9872 236,913,259 17 1,254 0.031447143
A 3 240,633,629 1.0064 239,103,367 25 805 0.011609568
A 4 233,997,961 1.0095 231,795,900 22 576 0.018721701
A 5 248,638,656 1.0472 237,431,872 16 391 0.016880420
E 0 746,742,463 0.9680 771,428,164 23 2,787 0.044657672
Random Totals: 1,703,893,478 1,716,672,562 103 5,813
CATG D1 EXCEPTION VALUES: 13,433,343 15,005,808
Total Test Values 1,717,326,821 1,731,678,370

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 86,583,919

Confidence Interval Values(5)

Local Test Value: 1,717,326,821 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,645,094,451 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,818,262,289 (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