taxes Property Tax Assistance

2018 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 119,872,470 0.8735 137,232,364 25 1,220 .064695248
A 122,506,262 0.9693 126,386,322 25 736 .019529141
A 111,423,035 0.9333 119,386,087 31 481 .040767979
A 113,869,638 1.0339 110,136,027 12 298 .009193024
E 310,080,797 0.9533 325,270,950 25 2,302 .032997078
Random Totals: 777,752,202   818,411,750 118 5,037  
Catg D1 Exception Values: 12,323,507   10,219,219      
Total Test Values (4): 790,075,709   828,630,969      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 41,431,548

Confidence Interval Values (5)

State Lower Limit: 787,199,421 (State Test Value minus Margin of Error Percent)
Local Test Value: 790,075,709 (Within Confidence Interval)
State Upper Limit: 870,062,517 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 806,656,107 (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