taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
018-904/Valley Mills ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 5,120,160 1.0120 5,059,447 15 40 0.005227297
A 4,986,078 1.0143 4,915,782 14 28 0.011498825
A 9,359,190 1.0980 8,523,852 14 42 0.024845744
A 14,860,810 1.0641 13,965,614 12 47 0.020746361
E 30,403,507 1.0381 29,287,648 20 194 0.022255689
Random Totals: 64,729,745 61,752,343 75 351
CATG D1 EXCEPTION VALUES: 1,904,161 1,923,119
CATG J EXCEPTION VALUES: 5,329,439 5,504,505
Total Test Values(2) 71,963,345 69,179,967

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,458,998

Confidence Interval Values(5)

Local Test Value: 71,963,345 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 65,720,969 (State Test Value minus Margin of Error Percent)
State Upper Limit: 72,638,965 (State Test Value plus Margin of Error Percent)

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