taxes Property Tax Assistance

2017 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 80,877,166 0.8321 97,196,450 16 1,032 .026166106
A 101,340,433 0.9605 105,507,999 33 707 .010034092
A 140,386,098 0.9925 141,446,950 23 680 .027099105
A 139,242,418 1.0094 137,945,728 23 396 .006468066
E 306,109,782 0.9312 328,726,140 20 2,525 .029592075
F1 11,350,964 0.9966 11,389,689 9 118 .002696020
F1 11,416,309 0.9813 11,633,862 8 52 .002628948
F1 13,084,743 0.9995 13,091,289 7 25 .000156676
F1 8,244,736 0.9930 8,302,856 4 5 .000481543
Random Totals: 812,052,649   855,240,963 143 5,540  
Catg D1 Exception Values: 11,916,081   10,140,124      
Total Test Values (4): 823,968,730   865,381,087      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 43,269,054

Confidence Interval Values (5)

State Lower Limit: 822,112,033 (State Test Value minus Margin of Error Percent)
Local Test Value: 823,968,730 (Within Confidence Interval)
State Upper Limit: 908,650,141 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 771,751,820 (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, D2, E, 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