taxes Property Tax Assistance

2017 Confidence Interval Detail

027/Burnet
027-903/Burnet CISD

Category Summary

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

Stratum
Variance
A 253,146,376 0.8658 292,384,357 63 2,403 .039535312
A 322,351,536 0.9431 341,799,953 65 1,487 .021328909
A 329,069,836 0.9441 348,554,005 37 791 .047611014
A 309,782,754 0.9528 325,128,835 15 289 .007447136
E 523,705,608 0.8743 598,999,895 54 4,246 .047204871
F1 28,600,223 0.8982 31,841,709 12 217 .038700475
F1 39,490,619 0.8713 45,323,791 11 127 .016395375
F1 33,533,155 0.9767 34,333,117 11 46 .017590666
F1 35,082,492 0.9125 38,446,567 9 18 .025670394
Random Totals: 1,874,762,599   2,056,812,229 277 9,624  
Catg D1 Exception Values: 28,825,030   31,276,525      
Total Test Values (4): 1,903,587,629   2,088,088,754      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 104,404,437

Confidence Interval Values (5)

Local Test Value: 1,903,587,629 (Outside Confidence Interval)
State Lower Limit: 1,983,684,317 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,192,493,191 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,916,543,197 (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