taxes Property Tax Assistance

2020 Confidence Interval Detail

McLennan County
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 8,656,388 1.0058 8,606,470 9 56 0.020624399
A 8,584,988 1.0313 8,324,433 10 39 0.040781691
A 9,722,460 1.0970 8,862,771 9 35 0.039008910
A 10,654,269 1.0336 10,307,923 8 28 0.016433713
E 35,579,620 0.9786 36,357,674 20 185 0.046597489
Random Totals: 73,197,725 72,459,271 56 343
CATG D1 EXCEPTION VALUES: 1,917,191 1,553,704
CATG J EXCEPTION VALUES: 6,000,516 7,646,133
Total Test Values 81,115,432 81,659,108

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,082,955

Confidence Interval Values(5)

Local Test Value: 81,115,432 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 77,576,153 (State Test Value minus Margin of Error Percent)
State Upper Limit: 85,742,063 (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