taxes Property Tax Assistance

2024 Confidence Interval Detail

Travis 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 2 233,544,448 0.9677 241,339,721 28 861 0.003863202
A 3 199,349,931 1.0285 193,825,893 32 627 0.003795463
A 4 85,369,798 1.0202 83,679,473 12 235 0.002726217
A 5 143,048,203 1.0297 138,922,213 16 286 0.018377157
E 0 286,641,035 1.1276 254,204,536 12 542 0.063006680
Random Totals: 947,953,415 911,971,836 100 2,551
CATG D1 EXCEPTION VALUES: 5,138,127 11,003,554
CATG J EXCEPTION VALUES: 1,265,849 1,327,193
Total Test Values 954,357,391 924,302,583

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 46,215,129

Confidence Interval Values(5)

Local Test Value: 954,357,391 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 878,087,454 (State Test Value minus Margin of Error Percent)
State Upper Limit: 970,517,712 (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