taxes Property Tax Assistance

2024 Confidence Interval Detail

Medina County
163-908/Medina Valley 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 2 619,055,297 0.9569 646,938,339 63 2,701 0.008721263
A 3 526,301,927 0.9872 533,125,939 53 1,383 0.028302401
A 4 565,817,828 0.9418 600,783,423 42 1,019 0.015448308
A 5 635,028,928 0.9836 645,617,048 38 842 0.003310314
C1 2 68,618,333 0.8539 80,358,746 17 918 0.025902858
C1 3 59,239,470 0.9500 62,357,337 17 459 0.020546983
C1 4 35,854,910 1.0189 35,189,822 10 184 0.009896302
C1 5 19,185,400 1.0460 18,341,683 9 34 0.015403497
E 0 318,348,229 0.9154 347,769,531 17 1,206 0.124940714
Random Totals: 2,847,450,322 2,970,481,868 266 8,746
CATG D1 EXCEPTION VALUES: 21,772,004 21,730,203
Total Test Values 2,869,222,326 2,992,212,071

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 149,610,604

Confidence Interval Values(5)

Local Test Value: 2,869,222,326 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,842,601,467 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,141,822,675 (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