taxes Property Tax Assistance

2016 Confidence Interval Detail

075/Fayette
075-903/Schulenburg ISD

Category Summary

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

Stratum
Variance
A 25,123,640 0.9062 27,724,167 10 441 .018475049
A 26,197,679 0.9660 27,119,751 9 274 .013022854
A 31,111,220 1.0035 31,002,711 10 222 .002256854
A 33,320,355 0.9530 34,963,646 10 143 .010709931
E 166,165,345 0.9962 166,799,182 15 1,531 .008091115
F1 12,745,690 0.7709 16,533,519 10 110 .178819072
F1 11,134,610 0.9003 12,367,666 8 27 .067896337
F1 14,657,890 0.8704 16,840,407 5 15 .233732486
F1 20,786,520 0.8020 25,918,354 3 6 .040012080
Random Totals: 341,242,949   359,269,403 80 2,769  
Catg J Exception Values: 1,032,430   1,240,699      
Catg D1 Exception Values: 6,760,340   6,368,139      
Total Test Values (4): 349,035,719   366,878,241      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 18,343,912

Confidence Interval Values (5)

State Lower Limit: 348,534,329 (State Test Value minus Margin of Error Percent)
Local Test Value: 349,035,719 (Within Confidence Interval)
State Upper Limit: 385,222,153 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 430,816,331 (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