taxes Property Tax Assistance

2022 Confidence Interval Detail

Bastrop County
011-904/Smithville ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 109,259,919 0.9304 117,433,275 13 862 0.101516436
A 144,897,656 0.8843 163,855,768 18 707 0.043454160
A 217,154,392 0.9871 219,992,293 33 765 0.031705497
A 390,441,961 1.0237 381,402,717 50 800 0.021546666
E 713,893,245 0.9655 739,402,636 53 2,578 0.020619268
Random Totals: 1,575,647,173 1,622,086,689 167 5,712
CATG D1 EXCEPTION VALUES: 14,280,516 12,833,757
Total Test Values 1,589,927,689 1,634,920,446

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 81,746,022

Confidence Interval Values(5)

Local Test Value: 1,589,927,689 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,553,174,424 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,716,666,468 (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