taxes Property Tax Assistance

2021 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 39,915,525 0.9220 43,292,326 13 447 0.020808009
A 78,289,068 1.0267 76,253,110 27 607 0.021414472
A 74,337,386 0.9892 75,148,995 23 414 0.010196146
A 96,051,619 0.9633 99,711,013 16 306 0.007964728
E 61,515,613 0.8541 72,023,900 18 275 0.083318437
F1 11,031,650 0.9197 11,994,835 9 82 0.090473129
F1 14,253,940 1.0181 14,000,530 7 26 0.003539570
F1 8,107,260 1.0003 8,104,829 5 7 0.000392689
F1 10,409,010 0.9801 10,619,834 3 4 0.000170107
L1 49,691,840 1.0530 47,190,731 8 41 0.009880480
Random Totals: 443,602,911 458,340,103 129 2,209
CATG D1 EXCEPTION VALUES: 7,075,470 6,826,802
CATG J EXCEPTION VALUES: 2,496,411 2,706,350
CATG L1 EXCEPTION VALUES: 0 0
Total Test Values 453,174,792 467,873,255

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 23,393,663

Confidence Interval Values(5)

Local Test Value: 453,174,792 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 444,479,592 (State Test Value minus Margin of Error Percent)
State Upper Limit: 491,266,918 (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