taxes Property Tax Assistance

2020 Confidence Interval Detail

McLennan County
161-906/La Vega ISD

Category Summary

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

Stratum
Variance
A 75,182,127 0.7187 104,608,497 11 1,281 0.137580256
A 69,830,251 1.0793 64,699,575 14 736 0.135676188
A 73,777,315 0.9428 78,253,410 10 580 0.026235373
A 127,658,129 0.9692 131,714,949 16 721 0.014690341
F1 71,423,340 0.9323 76,609,825 11 129 0.099141680
F1 68,307,370 1.0147 67,317,798 8 27 0.007047323
F1 74,836,940 0.9859 75,907,232 6 11 0.003231018
L1 46,018,260 1.0011 45,967,696 11 81 0.013309203
L1 56,775,270 1.0681 53,155,388 4 7 0.003473989
Random Totals: 663,809,002 698,234,370 91 3,573
CATG D1 EXCEPTION VALUES: 1,472,816 1,292,434
CATG F1 EXCEPTION VALUES: 72,954,740 74,787,940
CATG L1 EXCEPTION VALUES: 145,308,620 144,145,496
Total Test Values 883,545,178 918,460,240

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 45,923,012

Confidence Interval Values(5)

Local Test Value: 883,545,178 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 872,537,228 (State Test Value minus Margin of Error Percent)
State Upper Limit: 964,383,252 (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