taxes Property Tax Assistance

2018 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 310,427,449 0.9392 330,523,263 64 2,616 .028006174
A 372,090,576 0.9975 373,023,134 64 1,575 .006348905
A 379,390,698 0.9882 383,920,965 43 871 .008116086
A 364,631,412 0.9840 370,560,378 19 333 .005947600
E 639,262,269 1.0009 638,687,450 64 4,421 .036395037
F1 33,519,079 0.8330 40,238,990 11 221 .213640385
F1 39,124,963 1.0400 37,620,157 10 112 .010016940
F1 37,271,036 0.9718 38,352,579 10 51 .002053146
F1 39,430,042 0.9335 42,238,931 6 20 .040991571
Random Totals: 2,215,147,524   2,255,165,847 291 10,220  
Catg D1 Exception Values: 29,585,240   28,685,098      
Total Test Values (4): 2,244,732,764   2,283,850,945      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 114,192,547

Confidence Interval Values (5)

State Lower Limit: 2,169,658,398 (State Test Value minus Margin of Error Percent)
Local Test Value: 2,244,732,764 (Within Confidence Interval)
State Upper Limit: 2,398,043,492 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 2,214,721,508 (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