taxes Property Tax Assistance

2018 Confidence Interval Detail

014/Bell
014-908/Salado ISD

Category Summary

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

Stratum
Variance
A 138,701,954 0.8755 158,425,990 31 806 .028219633
A 141,160,817 0.9275 152,194,951 33 557 .010737880
A 159,566,672 0.9525 167,524,065 39 478 .012288026
A 181,546,031 0.9546 190,180,213 29 355 .009021992
E 151,536,920 0.8505 178,173,921 16 874 .035956013
F1 13,215,520 0.8305 15,912,727 9 88 .026668855
F1 11,754,803 0.8663 13,568,975 8 36 .022726059
F1 14,161,782 0.8609 16,449,973 7 20 .047520263
F1 13,668,235 0.9175 14,897,259 4 7 .001364932
Random Totals: 825,312,734   907,328,074 176 3,221  
Catg D1 Exception Values: 12,454,921   9,271,152      
Total Test Values (4): 837,767,655   916,599,226      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 45,829,961

Confidence Interval Values (5)

Local Test Value: 837,767,655 (Outside Confidence Interval)
State Lower Limit: 870,769,265 (State Test Value minus Margin of Error Percent)
State Upper Limit: 962,429,187 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 844,346,142 (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