taxes Property Tax Assistance

2018 Confidence Interval Detail

164/Menard
164-901/Menard ISD

Category Summary

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

Stratum
Variance
A 7,877,610 0.8432 9,342,517 15 280 .016524319
A 7,939,640 0.9481 8,374,264 16 159 .014815974
A 7,144,470 0.9111 7,841,587 15 91 .005948610
A 7,674,070 0.9841 7,798,059 15 50 .011182540
E 81,965,430 0.9701 84,491,733 24 1,483 .066095154
Random Totals: 112,601,220   117,848,160 85 2,063  
Catg J Exception Values: 2,414,980   2,629,475      
Catg D1 Exception Values: 27,164,180   27,542,013      
Total Test Values (4): 142,180,380   148,019,648      

Margin of Error

Margin of Error Percent: 5.9432596
Margin of Error Value: 8,797,192

Confidence Interval Values (5)

State Lower Limit: 139,222,456 (State Test Value minus Margin of Error Percent)
Local Test Value: 142,180,380 (Within Confidence Interval)
State Upper Limit: 156,816,840 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 181,506,687 (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