taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-907/Lorena ISD

Category Summary

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

Stratum
Variance
A 81,777,903 0.9405 86,951,518 14 587 0.012122935
A 109,488,591 0.9670 113,225,017 21 562 0.033632556
A 95,467,574 1.0080 94,709,895 17 352 0.017508865
A 150,672,666 1.0350 145,577,455 19 359 0.008548711
E 104,483,942 1.0374 100,717,122 15 585 0.035593687
L1 4,132,890 1.1433 3,614,878 9 50 0.114219913
L1 7,667,590 0.8749 8,763,962 4 10 0.003539364
Random Totals: 553,691,156 553,559,847 99 2,505
CATG D1 EXCEPTION VALUES: 3,882,164 3,661,430
CATG L1 EXCEPTION VALUES: 17,495,310 17,495,310
Total Test Values(2) 575,068,630 574,716,587

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 28,735,829

Confidence Interval Values(5)

Local Test Value: 575,068,630 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 545,980,758 (State Test Value minus Margin of Error Percent)
State Upper Limit: 603,452,416 (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