taxes Property Tax Assistance

2018 Confidence Interval Detail

105/Hays
105-904/Dripping Springs ISD

Category Summary

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

Stratum
Variance
A 854,461,590 0.8957 953,959,574 47 2,727 .020935797
A 922,152,535 0.9693 951,359,264 62 2,247 .008291084
A 994,997,828 0.9783 1,017,068,208 50 2,035 .014671730
A 1,163,242,867 0.9515 1,222,535,856 58 1,762 .023168620
E 493,872,384 0.9652 511,678,806 22 1,746 .004766807
F1 60,521,997 1.0076 60,065,499 10 162 .000318118
F1 68,816,130 0.9348 73,615,886 12 93 .051151957
F1 78,291,774 0.9709 80,638,350 8 54 .005105112
F1 97,056,273 0.9242 105,016,526 5 17 .025529946
Random Totals: 4,733,413,378   4,975,937,969 274 10,843  
Catg D1 Exception Values: 8,743,180   8,191,458      
Total Test Values (4): 4,742,156,558   4,984,129,427      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 249,206,471

Confidence Interval Values (5)

State Lower Limit: 4,734,922,956 (State Test Value minus Margin of Error Percent)
Local Test Value: 4,742,156,558 (Within Confidence Interval)
State Upper Limit: 5,233,335,898 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 4,854,641,445 (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