taxes Property Tax Assistance

2016 Confidence Interval Detail

010/Bandera
010-901/Medina ISD

Category Summary

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

Stratum
Variance
A 5,359,402 1.0709 5,004,577 9 109 .009720661
A 5,509,600 0.9969 5,526,733 9 62 .021660772
A 6,576,270 1.0789 6,095,347 8 42 .008548015
A 6,886,880 1.0503 6,557,060 7 27 .004349118
E 198,908,220 1.0717 185,600,653 15 1,320 .039075731
Random Totals: 223,240,372   208,784,370 48 1,560  
Catg D1 Exception Values: 9,012,998   9,360,674      
Total Test Values (4): 232,253,370   218,145,044      

Margin of Error

Margin of Error Percent: 8.7076102
Margin of Error Value: 18,995,220

Confidence Interval Values (5)

State Lower Limit: 199,149,824 (State Test Value minus Margin of Error Percent)
Local Test Value: 232,253,370 (Within Confidence Interval)
State Upper Limit: 237,140,264 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 224,650,535 (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