taxes Property Tax Assistance

2020 Confidence Interval Detail

McLennan County
161-914/Waco ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 719,842,457 0.8885 810,177,217 224 9,851 0.089146566
A 820,564,883 0.9354 877,234,213 251 6,872 0.039969288
A 871,244,025 0.9482 918,839,934 258 4,560 0.030913964
A 861,646,459 0.9551 902,153,135 117 2,116 0.047601935
B 231,251,221 1.0211 226,472,648 15 376 0.004781502
B 184,994,569 0.9435 196,072,675 15 31 0.025956091
B 314,658,090 0.9285 338,888,627 12 19 0.011116554
B 274,847,560 1.0106 271,954,910 7 8 0.009676329
F1 494,769,938 0.9672 511,548,737 15 882 0.101394559
F1 500,361,650 0.9633 519,424,530 18 215 0.014513040
F1 519,367,197 1.0276 505,417,669 12 91 0.006996062
F1 512,409,270 0.9999 512,460,516 10 26 0.000804167
L1 163,047,750 1.0039 162,414,334 11 916 0.011028385
L1 161,079,140 1.0248 157,181,050 11 176 0.002400207
L1 177,075,220 1.0289 172,101,487 10 48 0.006760118
L1 190,156,640 1.0645 178,634,702 5 7 0.008114334
Random Totals: 6,997,316,069 7,260,976,384 991 26,194
CATG D1 EXCEPTION VALUES: 1,114,984 980,167
Total Test Values 6,998,431,053 7,261,956,551

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 363,097,828

Confidence Interval Values(5)

Local Test Value: 6,998,431,053 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,898,858,723 (State Test Value minus Margin of Error Percent)
State Upper Limit: 7,625,054,379 (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