taxes Property Tax Assistance

2016 Confidence Interval Detail

105/Hays
105-904/Dripping Springs ISD

Category Summary

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

Stratum
Variance
A 596,101,213 0.9979 597,355,660 52 2,217 .000724380
A 740,488,330 1.0043 737,317,863 61 2,064 .000755489
A 798,859,792 1.0111 790,089,795 59 1,835 .001124642
A 1,032,068,025 1.0006 1,031,449,156 58 1,765 .000493125
E 406,787,495 0.9830 413,822,477 21 1,628 .001837397
F1 48,421,279 0.9767 49,576,409 10 149 .002684032
F1 50,019,507 0.9443 52,969,932 9 77 .017602149
F1 48,756,935 0.9593 50,825,534 8 43 .007165039
F1 62,983,068 0.9531 66,082,329 6 22 .006937395
Random Totals: 3,784,485,644   3,789,489,155 284 9,800  
Catg D1 Exception Values: 7,279,850   6,841,073      
Total Test Values (4): 3,791,765,494   3,796,330,228      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 189,816,511

Confidence Interval Values (5)

State Lower Limit: 3,606,513,717 (State Test Value minus Margin of Error Percent)
Local Test Value: 3,791,765,494 (Within Confidence Interval)
State Upper Limit: 3,986,146,739 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 3,891,043,693 (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