taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
164/Menard
164-901/Menard ISD

Category Summary

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

Stratum
Variance
A 7,171,870 0.9210 7,787,047 13 297 .051338659
A 7,168,390 0.8587 8,347,956 13 171 .047749691
A 7,244,390 0.8477 8,545,936 12 112 .056043764
A 7,477,220 0.8625 8,669,241 11 57 .058059518
E 33,870,540 1.0147 33,379,856 14 450 .039835647
G1 6,575,820 0.9828 6,690,904 9 14 .038544117
Random Totals: 69,508,230   73,420,940 72 1,101  
Catg J Exception Values: 2,034,990   2,536,234      
Catg D1 Exception Values: 28,205,720   33,486,503      
Catg G1 Exception Values: 29,726,250   26,597,453      
Total Test Values (4): 129,475,190   136,041,130      

Margin of Error

Margin of Error Percent: 5.0000004
Margin of Error Value: 6,802,057

Confidence Interval Values (5)

State Lower Limit: 129,239,073 (State Test Value minus Margin of Error Percent)
Local Test Value: 129,475,190 (Within Confidence Interval)
State Upper Limit: 142,843,187 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 178,758,264 (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