taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
150/Llano
027-903/Burnet CISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 59,910,288 0.8670 69,100,678 15 686 .066294309
A 58,219,740 0.9583 60,753,146 15 330 .015592080
A 51,222,716 0.9636 53,157,655 15 176 .014601078
A 69,983,420 1.0005 69,948,446 15 120 .054898382
C1 4,364,959 0.9754 4,475,045 10 521 .027448678
C1 3,987,210 0.9216 4,326,400 8 92 .076190251
C1 4,177,880 1.0204 4,094,355 9 46 .127285923
C1 6,262,000 1.3257 4,723,542 7 26 .028035157
F1 4,323,240 0.9461 4,569,538 10 44 .049327519
F1 4,112,730 0.9378 4,385,509 6 13 .053962402
F1 5,082,880 1.0246 4,960,843 3 6 .034341655
Random Totals: 271,647,063   284,495,157 113 2,060  
Catg D1 Exception Values: 1,520,300   1,515,390      
Catg F1 Exception Values: 2,647,280   2,851,317      
Total Test Values (4): 275,814,643   288,861,864      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,443,093

Confidence Interval Values (5)

State Lower Limit: 274,418,771 (State Test Value minus Margin of Error Percent)
Local Test Value: 275,814,643 (Within Confidence Interval)
State Upper Limit: 303,304,957 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 259,039,944 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories