taxes Property Tax Assistance

2016 Confidence Interval Detail

026/Burleson
026-903/Snook ISD

Category Summary

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

Stratum
Variance
A 8,103,037 0.8875 9,130,183 8 259 .082680771
A 8,856,647 0.8481 10,442,928 13 126 .039872011
A 8,885,670 0.9983 8,900,801 9 70 .035400950
A 9,255,451 1.0531 8,788,767 5 37 .016507523
E 78,850,855 0.9657 81,651,502 12 1,376 .018321877
G1 16,410,560 0.9558 17,169,450 7 25 .028656590
G1 16,013,350 1.0275 15,584,769 4 8 .006150096
G1 18,580,330 1.0755 17,275,993 3 5 .006247968
Random Totals: 164,955,900   168,944,393 61 1,906  
Catg J Exception Values: 8,770,510   8,754,634      
Catg D1 Exception Values: 12,545,380   17,315,289      
Catg G1 Exception Values: 11,406,130   11,092,975      
Total Test Values (4): 197,677,920   206,107,291      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,305,364

Confidence Interval Values (5)

State Lower Limit: 195,801,927 (State Test Value minus Margin of Error Percent)
Local Test Value: 197,677,920 (Within Confidence Interval)
State Upper Limit: 216,412,655 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 220,727,547 (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, D3, 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