taxes Property Tax Assistance

2016 Confidence Interval Detail

164/Menard
164-901/Menard ISD

Category Summary

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

Stratum
Variance
A 8,037,880 0.8283 9,704,069 10 305 .172779685
A 7,726,240 0.9457 8,169,864 9 167 .016936019
A 8,180,400 0.9668 8,461,316 9 113 .084396131
A 7,721,050 0.9508 8,120,583 8 54 .065474804
D2 22,943,600 0.9721 23,602,099 15 842 .019008243
E 39,549,110 0.8439 46,864,688 16 1,306 .065554111
G1 1,370,770 0.9940 1,379,044 5 7 .000733616
Random Totals: 95,529,050   106,301,663 72 2,794  
Catg J Exception Values: 2,004,020   2,294,254      
Catg D1 Exception Values: 26,547,180   32,947,975      
Catg G1 Exception Values: 7,704,900   7,245,156      
Total Test Values (4): 131,785,150   148,789,048      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,439,452

Confidence Interval Values (5)

Local Test Value: 131,785,150 (Outside Confidence Interval)
State Lower Limit: 141,349,596 (State Test Value minus Margin of Error Percent)
State Upper Limit: 156,228,500 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 160,464,014 (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