taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
011/Bastrop
011-902/Elgin ISD

Category Summary

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

Stratum
Variance
A 91,772,576 0.8995 102,026,210 15 1,339 .030133515
A 100,101,086 0.8909 112,359,508 18 975 .019640602
A 108,177,772 0.9425 114,777,477 15 748 .004355728
A 99,874,252 0.9378 106,498,456 15 395 .013477126
E 144,104,555 0.9500 151,689,005 17 1,265 .010958259
F1 19,401,258 0.9919 19,559,692 11 119 .060464700
F1 20,049,542 0.8621 23,256,631 10 43 .045730225
F1 20,022,314 0.9952 20,118,885 7 19 .115795333
F1 33,564,172 1.0559 31,787,264 4 8 .075613247
Random Totals: 637,067,527   682,073,128 112 4,911  
Catg D1 Exception Values: 5,399,230   4,562,570      
Total Test Values (4): 642,466,757   686,635,698      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 34,331,785

Confidence Interval Values (5)

Local Test Value: 642,466,757 (Outside Confidence Interval)
State Lower Limit: 652,303,913 (State Test Value minus Margin of Error Percent)
State Upper Limit: 720,967,483 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 738,083,286 (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