taxes Property Tax Assistance

2020 Confidence Interval Detail

McLennan County
161-908/Mart ISD

Category Summary

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

Stratum
Variance
A 14,537,409 1.1377 12,777,893 13 323 0.096419815
A 13,732,421 0.9847 13,945,792 17 182 0.029048837
A 15,808,883 0.9625 16,424,814 15 149 0.056904212
A 17,647,095 0.9154 19,278,015 16 90 0.031688425
E 24,124,121 0.9359 25,776,387 19 228 0.057744387
F1 2,083,310 0.9674 2,153,515 9 58 0.099468595
F1 1,895,990 0.9165 2,068,729 8 16 0.020518890
F1 2,104,760 0.9605 2,191,317 4 6 0.003247293
F1 1,591,840 1.0016 1,589,364 2 3 0.001914382
Random Totals: 93,525,829 96,205,826 103 1,055
CATG D1 EXCEPTION VALUES: 3,167,296 2,703,228
CATG J EXCEPTION VALUES: 4,284,944 4,602,986
Total Test Values 100,978,069 103,512,040

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,175,602

Confidence Interval Values(5)

Local Test Value: 100,978,069 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 98,336,438 (State Test Value minus Margin of Error Percent)
State Upper Limit: 108,687,642 (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