taxes Property Tax Assistance

2016 Confidence Interval Detail

163/Medina
163-908/Medina Valley ISD

Category Summary

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

Stratum
Variance
A 184,674,778 1.0082 183,172,761 10 2,105 .012092012
A 186,790,200 1.0303 181,296,904 10 1,074 .001518129
A 183,269,866 1.0200 179,676,339 11 752 .004974315
A 203,170,931 1.0318 196,909,218 10 550 .005797205
C1 22,336,180 0.9395 23,774,540 18 818 .094807853
C1 22,176,800 0.9609 23,079,197 21 458 .012148040
C1 18,413,590 0.9808 18,774,052 10 276 .022937475
C1 24,376,197 0.9295 26,225,064 9 96 .030127924
E 115,915,948 1.0078 115,018,801 15 981 .011118578
F1 13,409,870 1.0431 12,855,786 9 93 .002375514
F1 12,766,670 1.0591 12,054,263 8 38 .011113845
F1 12,828,830 0.9895 12,964,962 7 23 .012143377
F1 19,545,160 0.9497 20,580,352 5 15 .000352817
Random Totals: 1,019,675,020   1,006,382,239 143 7,279  
Catg D1 Exception Values: 19,254,476   19,547,075      
Total Test Values (4): 1,038,929,496   1,025,929,314      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 51,296,465

Confidence Interval Values (5)

State Lower Limit: 974,632,849 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,038,929,496 (Within Confidence Interval)
State Upper Limit: 1,077,225,779 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,009,877,269 (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