taxes Property Tax Assistance

2016 Confidence Interval Detail

164/Menard
164-901/Menard ISD

Category Summary

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

Stratum
Variance
A 8,037,880 1.0342 7,772,075 10 305 .018453030
A 7,726,240 0.9528 8,108,984 9 167 .014146539
A 8,180,400 1.0593 7,722,458 7 113 .050817182
A 7,721,050 0.9703 7,957,384 8 54 .057973259
D2 22,943,600 0.9721 23,602,099 15 842 .019008243
E 39,549,110 0.9127 43,331,993 13 1,306 .034011339
G1 1,370,770 0.9940 1,379,044 5 7 .000733616
Random Totals: 95,529,050   99,874,037 67 2,794  
Catg J Exception Values: 2,004,020   2,294,254      
Catg D1 Exception Values: 26,547,180   27,657,468      
Catg G1 Exception Values: 7,704,900   7,245,156      
Total Test Values (4): 131,785,150   137,070,915      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,853,545

Confidence Interval Values (5)

State Lower Limit: 130,217,370 (State Test Value minus Margin of Error Percent)
Local Test Value: 131,785,150 (Within Confidence Interval)
State Upper Limit: 143,924,460 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 160,464,014 (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