taxes Property Tax Assistance

2024 Confidence Interval Detail

Fayette County
075-903/Schulenburg 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 57,016,049 0.9363 60,895,065 12 478 0.040016132
A 3 57,776,554 0.9791 59,009,860 12 288 0.031479218
A 4 60,678,120 1.0435 58,148,654 12 208 0.014245094
A 5 63,771,440 1.2451 51,217,926 12 135 0.015074030
E 0 344,379,829 1.0592 325,132,014 20 1,439 0.053677059
F1 2 21,514,240 0.9493 22,663,268 12 105 0.017401034
F1 3 17,059,085 0.9430 18,090,228 12 30 0.013337929
F1 4 22,647,110 0.9711 23,321,089 9 17 0.006776615
F1 5 24,953,150 0.9010 27,694,950 4 6 0.018081309
Random Totals: 669,795,577 646,173,054 105 2,706
CATG D1 EXCEPTION VALUES: 7,250,560 6,117,547
Total Test Values 677,046,137 652,290,601

Margin of Error

Margin of Error Percent: 5.3545367
Margin of Error Value: 34,927,140

Confidence Interval Values(5)

Local Test Value: 677,046,137 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 617,363,461 (State Test Value minus Margin of Error Percent)
State Upper Limit: 687,217,741 (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