taxes Property Tax Assistance

2016 Confidence Interval Detail

075/Fayette
075-902/La Grange ISD

Category Summary

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

Stratum
Variance
A 77,866,152 0.8727 89,224,421 11 1,041 .059971329
A 81,621,180 0.9111 89,585,314 12 632 .024625376
A 115,652,930 1.0097 114,541,874 16 628 .036662910
A 128,563,618 1.0117 127,076,819 12 401 .027067440
E 336,997,552 0.9852 342,060,041 15 3,085 .043111966
F1 23,908,580 0.7965 30,017,050 10 188 .189203949
F1 36,006,996 0.9117 39,494,347 9 96 .120875977
F1 29,992,868 0.8413 35,650,622 7 27 .216887714
F1 37,375,840 0.8410 44,442,140 4 11 .014611870
G1 7,974,540 0.9865 8,083,670 9 134 .024026270
G1 8,035,980 1.0621 7,566,124 8 50 .031794398
G1 8,016,000 1.0282 7,796,149 7 28 .001538342
G1 7,675,850 1.0251 7,487,904 6 15 .000644530
Random Totals: 899,688,086   943,026,475 126 6,336  
Catg J Exception Values: 3,133,740   3,885,846      
Catg D1 Exception Values: 14,291,321   13,661,414      
Total Test Values (4): 917,113,147   960,573,735      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 48,028,686

Confidence Interval Values (5)

State Lower Limit: 912,545,049 (State Test Value minus Margin of Error Percent)
Local Test Value: 917,113,147 (Within Confidence Interval)
State Upper Limit: 1,008,602,421 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,107,688,604 (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