taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
011/Bastrop
011-904/Smithville ISD

Category Summary

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

Stratum
Variance
A 74,419,364 1.0554 70,512,947 20 1,125 .108221788
A 83,904,280 0.9548 87,876,288 32 730 .019000435
A 96,453,135 1.0179 94,756,985 33 581 .015164484
A 101,316,968 0.9819 103,184,609 22 338 .006008154
E 176,049,647 1.0227 172,142,023 24 2,008 .014037973
F1 9,010,340 0.9735 9,255,614 9 104 .024810060
F1 10,520,663 0.9728 10,814,826 8 57 .027852969
F1 11,487,927 0.7121 16,132,463 7 27 .173507661
F1 12,004,136 0.9482 12,659,920 4 8 .014413121
Random Totals: 575,166,460   577,335,675 159 4,978  
Catg J Exception Values: 16,425,242   16,828,838      
Catg D1 Exception Values: 12,378,621   10,037,881      
Total Test Values (4): 603,970,323   604,202,394      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 30,210,119

Confidence Interval Values (5)

State Lower Limit: 573,992,275 (State Test Value minus Margin of Error Percent)
Local Test Value: 603,970,323 (Within Confidence Interval)
State Upper Limit: 634,412,513 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 600,411,773 (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