taxes Property Tax Assistance

2018 Confidence Interval Detail

227/Travis
011-902/Elgin ISD

Category Summary

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

Stratum
Variance
A 32,593,327 0.9518 34,243,882 15 238 .007876206
A 52,524,548 0.9544 55,034,103 21 327 .001937442
A 63,572,054 0.9836 64,632,019 29 349 .010493165
A 98,287,216 1.0827 90,779,732 27 417 .021287258
E 47,280,285 0.7837 60,329,571 13 397 .187827188
Random Totals: 294,257,430   305,019,307 105 1,728  
Catg D1 Exception Values: 5,740,039   8,925,723      
Total Test Values (4): 299,997,469   313,945,030      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,697,251

Confidence Interval Values (5)

State Lower Limit: 298,247,779 (State Test Value minus Margin of Error Percent)
Local Test Value: 299,997,469 (Within Confidence Interval)
State Upper Limit: 329,642,281 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 286,627,221 (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