taxes Property Tax Assistance

2016 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 50,703,589 0.9218 55,004,978 29 408 .005375022
A 50,639,789 0.9668 52,378,764 29 345 .002637675
A 50,625,124 1.0253 49,375,913 30 305 .003165014
A 50,650,773 1.1023 45,950,080 17 206 .012560806
E 31,830,010 1.0213 31,166,171 14 331 .019293891
Random Totals: 234,449,285   233,875,906 119 1,595  
Catg D1 Exception Values: 5,410,267   9,287,161      
Total Test Values (4): 239,859,552   243,163,067      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,158,153

Confidence Interval Values (5)

State Lower Limit: 231,004,914 (State Test Value minus Margin of Error Percent)
Local Test Value: 239,859,552 (Within Confidence Interval)
State Upper Limit: 255,321,220 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 230,459,612 (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