taxes Property Tax Assistance

2018 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 25,503,810 0.8369 30,474,143 10 398 .055193497
A 30,533,250 0.9790 31,188,202 10 283 .041812750
A 32,982,930 0.9224 35,757,730 9 208 .042390405
A 40,025,460 0.9985 40,085,588 9 151 .025022863
E 200,371,530 0.9551 209,791,153 20 1,548 .061368649
F1 15,934,320 0.9859 16,162,207 18 106 .038352723
F1 17,762,157 1.0586 16,778,913 12 30 .026931274
F1 17,435,792 0.9969 17,490,011 7 9 .076920879
F1 9,642,330 1.0386 9,283,969 2 2 .006262622
Random Totals: 390,191,579   407,011,916 97 2,735  
Catg D1 Exception Values: 6,459,860   5,296,020      
Total Test Values (4): 396,651,439   412,307,936      

Margin of Error

Margin of Error Percent: 5.9701051
Margin of Error Value: 24,615,217

Confidence Interval Values (5)

State Lower Limit: 387,692,719 (State Test Value minus Margin of Error Percent)
Local Test Value: 396,651,439 (Within Confidence Interval)
State Upper Limit: 436,923,153 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 480,853,185 (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, D2, E, 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