taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
027/Burnet
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 226,763,748 0.9249 245,176,503 55 2,420 .029449984
A 248,736,213 0.9880 251,757,301 51 1,288 .009803975
A 257,461,499 1.0057 256,002,286 23 708 .015570972
A 278,664,735 0.9296 299,768,433 12 296 .019663877
C1 20,851,948 1.0073 20,700,832 25 1,503 .054819112
C1 28,310,144 0.9351 30,274,991 11 435 .007390632
C1 15,491,671 0.9414 16,455,992 7 87 .009502039
C1 17,208,919 0.8685 19,814,530 6 36 .035905030
E 448,705,736 0.9557 469,504,799 58 4,062 .173805744
F1 25,830,033 0.9532 27,098,230 10 235 .049169616
F1 26,567,743 0.8757 30,338,864 9 102 .164829343
F1 28,888,745 1.0299 28,050,049 8 50 .022174898
F1 29,577,160 0.9953 29,716,829 6 16 .006859831
Random Totals: 1,653,058,294   1,724,659,639 281 11,238  
Catg D1 Exception Values: 28,953,259   31,037,424      
Total Test Values (4): 1,682,011,553   1,755,697,063      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 87,784,853

Confidence Interval Values (5)

State Lower Limit: 1,667,912,210 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,682,011,553 (Within Confidence Interval)
State Upper Limit: 1,843,481,916 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,603,560,715 (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