taxes Property Tax Assistance

2016 Confidence Interval Detail

011/Bastrop
011-904/Smithville ISD

Category Summary

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

Stratum
Variance
A 75,098,128 0.8871 84,655,764 16 1,058 .168374734
A 87,060,398 0.8576 101,516,322 24 698 .016854372
A 104,118,090 0.9026 115,353,523 25 574 .013469248
A 124,416,597 0.9652 128,902,401 24 390 .014763119
E 239,683,542 0.9930 241,373,154 22 1,992 .040651591
F1 10,785,223 0.8669 12,441,139 10 116 .036143070
F1 10,237,965 0.8642 11,846,754 10 49 .058302104
F1 11,846,444 0.5878 20,153,869 7 24 .089017068
F1 9,671,434 0.9065 10,668,984 4 5 .029519079
Random Totals: 672,917,821   726,911,910 142 4,906  
Catg J Exception Values: 119,826   167,992      
Catg D1 Exception Values: 12,294,190   10,178,232      
Total Test Values (4): 685,331,837   737,258,134      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 36,862,906

Confidence Interval Values (5)

Local Test Value: 685,331,837 (Outside Confidence Interval)
State Lower Limit: 700,395,228 (State Test Value minus Margin of Error Percent)
State Upper Limit: 774,121,040 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 755,224,913 (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