taxes Property Tax Assistance

2016 Confidence Interval Detail

075/Fayette
075-908/Round Top-Carmine ISD

Category Summary

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

Stratum
Variance
A 14,229,779 0.9221 15,431,926 9 152 .012000505
A 14,525,320 0.9724 14,937,598 9 91 .012329670
A 18,077,820 1.0573 17,098,099 9 75 .002445820
A 29,706,870 0.9474 31,356,206 8 65 .026184441
E 168,644,927 0.9290 181,533,829 15 1,318 .109440520
F1 5,269,800 0.7054 7,470,655 9 50 .167550757
F1 8,412,723 0.8627 9,751,620 7 28 .100648942
F1 8,904,600 0.9907 8,988,190 4 11 .469090605
G1 3,914,979 1.0101 3,875,833 9 85 .013944620
G1 3,863,460 1.0580 3,651,664 7 23 .006107096
G1 4,114,690 0.9524 4,320,338 5 11 .092788971
G1 3,570,810 1.0313 3,462,436 2 3 .000006362
Random Totals: 283,235,778   301,878,394 93 1,912  
Catg J Exception Values: 188,780   244,210      
Catg D1 Exception Values: 5,942,382   5,376,107      
Catg F1 Exception Values: 6,033,650   4,457,361      
Total Test Values (4): 295,400,590   311,956,072      

Margin of Error

Margin of Error Percent: 10.0719027
Margin of Error Value: 31,419,912

Confidence Interval Values (5)

State Lower Limit: 280,536,160 (State Test Value minus Margin of Error Percent)
Local Test Value: 295,400,590 (Within Confidence Interval)
State Upper Limit: 343,375,984 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 291,661,783 (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