taxes Property Tax Assistance

2018 Confidence Interval Detail

026/Burleson
026-903/Snook ISD

Category Summary

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

Stratum
Variance
A 14,330,894 1.0810 13,257,071 12 355 .190371008
A 16,909,116 0.9783 17,284,183 13 208 .042981379
A 24,040,443 0.9709 24,760,988 11 177 .018051970
A 25,283,734 0.9486 26,653,736 9 96 .040589536
E 71,457,290 0.9663 73,949,384 22 1,106 .092786097
G1 18,778,650 0.9970 18,835,155 8 37 .000706780
G1 18,156,330 1.0185 17,826,539 6 13 .001231968
G1 17,305,130 1.0343 16,731,248 4 8 .002406278
G1 17,382,277 1.0022 17,344,120 3 4 .000318649
Random Totals: 223,643,864   226,642,424 88 2,004  
Catg J Exception Values: 9,365,200   9,881,570      
Catg D1 Exception Values: 17,088,772   21,563,503      
Total Test Values (4): 250,097,836   258,087,497      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,904,374

Confidence Interval Values (5)

State Lower Limit: 245,183,123 (State Test Value minus Margin of Error Percent)
Local Test Value: 250,097,836 (Within Confidence Interval)
State Upper Limit: 270,991,871 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 247,228,507 (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