taxes Property Tax Assistance

2020 Confidence Interval Detail

McLennan County
161-909/McGregor ISD

Category Summary

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

Stratum
Variance
A 50,640,360 0.8031 63,056,108 22 632 0.067777814
A 59,729,195 0.8993 66,417,430 21 500 0.074915836
A 53,933,869 0.9445 57,103,091 22 318 0.028597748
A 68,866,593 0.9326 73,843,655 14 250 0.056229661
E 47,657,680 0.8988 53,023,676 10 270 0.036968277
F1 11,303,170 0.9652 11,710,702 9 83 0.007206499
F1 10,746,110 0.9838 10,923,064 7 21 0.002515910
F1 8,283,590 0.9911 8,357,976 5 8 0.003476193
F1 10,111,450 0.9978 10,133,864 3 5 0.000207289
L1 21,053,010 1.0335 20,370,595 11 46 0.010440662
L1 19,045,770 1.0046 18,958,561 4 5 0.004223237
L1 32,177,080 1.0649 30,216,803 2 3 0.005080340
Random Totals: 393,547,877 424,115,525 130 2,141
CATG D1 EXCEPTION VALUES: 7,070,619 6,506,723
CATG J EXCEPTION VALUES: 17,473,659 20,870,674
Total Test Values 418,092,155 451,492,922

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,574,646

Confidence Interval Values(5)

Local Test Value: 418,092,155 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 428,918,276 (State Test Value minus Margin of Error Percent)
State Upper Limit: 474,067,568 (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