taxes Property Tax Assistance

2016 Confidence Interval Detail

227/Travis
027-904/Marble Falls ISD

Category Summary

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

Stratum
Variance
A 100,274,940 0.9933 100,951,314 22 353 .006187064
A 100,718,999 0.9734 103,471,337 9 168 .002990074
A 99,981,016 1.0332 96,768,308 9 105 .013583134
A 99,928,373 0.9713 102,881,059 8 51 .096871468
C1 8,035,051 0.9133 8,797,822 10 230 .048841165
C1 11,752,342 1.1045 10,640,418 9 125 .134404658
C1 10,620,415 1.0139 10,474,815 9 62 .181719162
C1 13,792,567 0.9096 15,163,332 8 40 .055361534
E 40,092,162 0.9027 44,413,606 11 238 .190067502
Random Totals: 485,195,865   493,562,011 95 1,372  
Catg D1 Exception Values: 1,299,945   499,145      
Total Test Values (4): 486,495,810   494,061,156      

Margin of Error

Margin of Error Percent: 5.1553571
Margin of Error Value: 25,470,617

Confidence Interval Values (5)

State Lower Limit: 468,590,539 (State Test Value minus Margin of Error Percent)
Local Test Value: 486,495,810 (Within Confidence Interval)
State Upper Limit: 519,531,773 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 505,707,272 (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