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 2616 0.028006174
A 372,090,576 0.9975 373,023,134 64 1575 0.006348905
A 379,390,698 0.9882 383,920,965 43 871 0.008116086
A 364,631,412 0.9840 370,560,378 19 333 0.005947600
E 639,262,269 1.0009 638,687,450 64 4421 0.036395037
F1 33,519,079 0.8330 40,238,990 11 221 0.213640385
F1 39,124,963 1.0400 37,620,157 10 112 0.010016940
F1 37,271,036 0.9718 38,352,579 10 51 0.002053146
F1 39,430,042 0.9335 42,238,931 6 20 0.040991571
Random Totals: 2,215,147,524 2,255,165,847 291 10,220
CATG D1 EXCEPTION VALUES: 29,585,240 28,668,847
Total Test Values(1) 2,244,732,764 2,283,834,694

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 114,191,735

Confidence Interval Values(5)

Local Test Value: 2,244,732,764 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,169,642,959 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,398,026,429 (State Test Value plus Margin of Error Percent)

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