taxes Property Tax Assistance

2024 Confidence Interval Detail

Fayette County
075-908/Round Top-Carmine 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 62,382,240 0.9232 67,571,750 12 193 0.046619332
A 3 59,269,440 0.9718 60,989,339 12 89 0.039396018
A 4 62,630,715 1.1693 53,562,572 12 54 0.104970964
A 5 108,629,740 1.2744 85,239,909 12 47 0.035403797
E 0 577,811,897 1.1085 521,255,658 21 1,310 0.263168442
F1 2 22,957,110 0.8638 26,576,881 12 64 0.184137010
F1 3 23,864,910 0.9350 25,523,968 12 26 0.031301227
F1 4 28,642,360 0.9261 30,927,934 8 16 0.021715502
F1 5 38,165,270 1.0422 36,619,910 6 9 0.005809566
G1 2 29,177,736 1.0166 28,701,295 9 48 0.004997896
G1 3 26,924,074 1.0084 26,699,796 6 11 0.000541928
G1 4 28,372,005 1.0146 27,963,734 4 6 0.001163696
Random Totals: 1,068,827,497 991,632,746 126 1,873
CATG D1 EXCEPTION VALUES: 6,332,322 5,313,577
CATG G1 EXCEPTION VALUES: 25,958,798 26,432,613
CATG J EXCEPTION VALUES: 704,280 730,073
Total Test Values 1,101,822,897 1,024,109,009

Margin of Error

Margin of Error Percent: 11.3143603
Margin of Error Value: 115,871,383

Confidence Interval Values(5)

Local Test Value: 1,101,822,897 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 908,237,626 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,139,980,392 (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