taxes Property Tax Assistance

2016 Confidence Interval Detail

028/Caldwell
028-902/Lockhart ISD

Category Summary

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

Stratum
Variance
A 89,854,580 0.8887 101,107,888 10 1,400 .022547575
A 97,205,501 0.8697 111,769,002 12 933 .014052542
A 106,879,340 0.8807 121,357,261 36 765 .009955684
A 126,312,711 0.9176 137,655,526 18 620 .008161518
E 449,806,301 0.8504 528,934,973 52 5,015 .051571407
F1 26,203,750 0.8143 32,179,479 14 210 .079931702
F1 26,297,432 0.8405 31,287,843 9 84 .070672801
F1 26,448,670 0.8691 30,432,252 9 39 .031640437
F1 26,920,880 0.8515 31,615,831 5 13 .014742804
Random Totals: 975,929,165   1,126,340,055 165 9,079  
Catg J Exception Values: 1,143,336   1,445,300      
Catg D1 Exception Values: 15,250,233   15,749,569      
Total Test Values (4): 992,322,734   1,143,534,924      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 57,176,746

Confidence Interval Values (5)

Local Test Value: 992,322,734 (Outside Confidence Interval)
State Lower Limit: 1,086,358,178 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,200,711,670 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,097,065,526 (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