taxes Property Tax Assistance

2020 Confidence Interval Detail

McLennan County
161-903/Midway ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 806,620,980 0.9633 837,351,791 58 4,789 0.013191632
A 857,251,914 0.9744 879,774,132 70 3,802 0.008135497
A 884,923,239 0.9925 891,610,316 66 2,870 0.008890309
A 885,866,917 1.0098 877,269,674 36 1,640 0.007013016
B 74,790,386 0.9637 77,607,540 10 400 0.010259674
B 79,771,512 0.9658 82,596,306 10 304 0.012903802
B 78,733,067 0.8885 88,613,469 7 16 0.012362609
F1 176,314,101 0.8875 198,663,776 10 325 0.067324363
F1 184,167,003 0.8772 209,948,704 10 113 0.083732582
F1 218,186,989 0.9820 222,186,343 9 59 0.002356747
F1 179,418,170 0.9745 184,113,053 6 15 0.009591968
L1 177,634,760 1.0154 174,940,674 11 331 0.000896124
L1 202,500,370 1.0060 201,292,614 9 35 0.007170720
L1 96,505,310 1.8818 51,282,851 1 1 0.000000000
Random Totals: 4,902,684,718 4,977,251,243 313 14,700
CATG B EXCEPTION VALUES: 71,721,220 68,451,933
CATG D1 EXCEPTION VALUES: 5,506,336 5,013,726
CATG L1 EXCEPTION VALUES: 197,834,120 199,789,709
Total Test Values 5,177,746,394 5,250,506,611

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 262,525,331

Confidence Interval Values(5)

Local Test Value: 5,177,746,394 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,987,981,280 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,513,031,942 (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