taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-918/Axtell ISD

Category Summary

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

Stratum
Variance
A 17,598,724 0.8104 21,716,096 15 256 0.064347115
A 21,249,014 0.9679 21,953,729 16 141 0.086878797
A 17,652,357 0.8955 19,712,291 16 87 0.095605156
A 24,799,730 1.1309 21,929,198 15 82 0.016288629
E 66,595,865 0.9732 68,429,783 20 566 0.026124019
Random Totals: 147,895,690 153,741,097 82 1,132
CATG D1 EXCEPTION VALUES: 3,867,221 3,764,226
Total Test Values(1) 151,762,911 157,505,323

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,875,266

Confidence Interval Values(5)

Local Test Value: 151,762,911 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 149,630,057 (State Test Value minus Margin of Error Percent)
State Upper Limit: 165,380,589 (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