taxes Property Tax Assistance

2022 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 300,204,999 0.8700 345,063,217 54 1,478 0.029662191
A 1,398,503,410 0.9289 1,505,547,863 74 5,373 0.022461038
A 1,523,727,256 0.9572 1,591,858,813 75 4,436 0.018289730
A 1,883,620,364 0.9726 1,936,685,548 75 3,231 0.016733742
B 79,337,787 0.9709 81,715,714 10 369 0.013404454
B 127,130,241 1.0336 122,997,524 10 424 0.014758147
B 98,270,190 1.0377 94,700,000 7 19 0.102453321
B 85,182,090 1.2265 69,451,358 2 3 0.013299105
F1 205,952,438 0.9894 208,158,923 10 358 0.056543532
F1 224,012,995 1.0948 204,615,450 10 129 0.033999395
F1 209,949,253 1.0938 191,944,828 9 57 0.034011064
F1 272,680,733 1.0761 253,397,206 7 26 0.008418938
L1 87,305,190 0.9726 89,764,744 12 394 0.009828656
L1 87,212,940 1.0453 83,433,407 10 87 0.007670943
L1 67,288,520 1.0551 63,774,543 9 23 0.014567229
L1 110,161,630 0.9780 112,639,703 5 14 0.001183207
Random Totals: 6,760,540,036 6,955,748,841 379 16,421
CATG D1 EXCEPTION VALUES: 5,477,741 5,571,453
CATG L1 EXCEPTION VALUES: 112,889,160 112,580,140
Total Test Values 6,878,906,937 7,073,900,434

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 353,695,022

Confidence Interval Values(5)

Local Test Value: 6,878,906,937 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,720,205,412 (State Test Value minus Margin of Error Percent)
State Upper Limit: 7,427,595,456 (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