taxes Property Tax Assistance

2016 Confidence Interval Detail

011/Bastrop
011-902/Elgin ISD

Category Summary

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

Stratum
Variance
A 86,010,369 0.8052 106,818,640 13 1,132 .058658397
A 100,519,891 0.9191 109,367,741 40 834 .024540986
A 161,945,585 0.9906 163,482,319 58 980 .019731484
A 165,234,724 0.9979 165,582,447 29 583 .014210842
E 180,499,340 0.9937 181,643,695 15 1,285 .028677230
F1 25,715,231 0.8000 32,144,039 13 127 .217517598
F1 23,983,138 0.7828 30,637,632 8 38 .041931456
F1 26,703,941 0.7629 35,003,200 6 16 .129574527
F1 24,639,277 1.0109 24,373,605 2 4 .007033735
Random Totals: 795,251,496   849,053,318 184 4,999  
Catg D1 Exception Values: 4,843,776   4,400,861      
Total Test Values (4): 800,095,272   853,454,179      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 42,672,708

Confidence Interval Values (5)

Local Test Value: 800,095,272 (Outside Confidence Interval)
State Lower Limit: 810,781,471 (State Test Value minus Margin of Error Percent)
State Upper Limit: 896,126,887 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 848,437,287 (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