taxes Property Tax Assistance

2018 Confidence Interval Detail

150/Llano
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 57,762,517 0.8035 71,888,633 25 584 .092043303
A 63,321,583 0.9431 67,141,961 26 342 .029619318
A 70,151,431 0.9245 75,880,401 20 238 .030231108
A 87,792,742 0.9224 95,178,601 16 139 .023447922
C1 5,422,049 0.8192 6,618,712 15 533 .127829837
C1 5,404,980 0.7082 7,631,997 9 114 .155197132
C1 5,763,980 0.7072 8,150,424 11 52 .415803866
C1 5,819,980 1.0577 5,502,487 8 21 .111079712
F1 5,113,760 0.8800 5,811,091 9 39 .127045726
F1 4,936,000 0.9424 5,237,691 6 11 .048683431
F1 4,198,440 0.8374 5,013,661 3 4 .100070830
Random Totals: 315,687,462   354,055,659 148 2,077  
Catg D1 Exception Values: 1,486,020   1,681,219      
Catg F1 Exception Values: 2,397,270   2,347,918      
Total Test Values (4): 319,570,752   358,084,796      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,904,239

Confidence Interval Values (5)

Local Test Value: 319,570,752 (Outside Confidence Interval)
State Lower Limit: 340,180,557 (State Test Value minus Margin of Error Percent)
State Upper Limit: 375,989,035 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 294,710,147 (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