taxes Property Tax Assistance

2018 Confidence Interval Detail

011/Bastrop
011-902/Elgin ISD

Category Summary

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

Stratum
Variance
A 138,285,580 0.8010 172,641,174 26 1,330 .052670232
A 169,143,256 0.9553 177,057,737 45 1,040 .016682315
A 187,203,102 0.9931 188,503,778 45 879 .020022669
A 170,880,082 0.9870 173,130,782 27 484 .009744716
E 241,085,290 1.0543 228,668,586 27 1,465 .052980673
F1 26,533,215 1.0073 26,340,926 10 113 .000919256
F1 28,469,233 0.9691 29,376,982 9 42 .004718344
F1 28,066,483 0.9872 28,430,392 7 15 .000415978
F1 24,254,792 1.0477 23,150,513 3 4 .003364574
Random Totals: 1,013,921,033   1,047,300,870 199 5,372  
Catg D1 Exception Values: 4,660,060   4,649,240      
Total Test Values (4): 1,018,581,093   1,051,950,110      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 52,597,505

Confidence Interval Values (5)

State Lower Limit: 999,352,605 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,018,581,093 (Within Confidence Interval)
State Upper Limit: 1,104,547,615 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,029,365,482 (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