taxes Property Tax Assistance

2022 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 72,746,293 0.7362 98,813,221 23 910 0.203151460
A 90,856,985 0.8710 104,313,416 22 746 0.062513683
A 94,824,305 0.9741 97,345,555 21 593 0.038136504
A 287,111,283 1.0049 285,711,298 61 1,270 0.027497118
F1 72,044,671 0.8964 80,371,119 10 134 0.059979157
F1 73,508,290 1.1817 62,205,543 8 32 0.052265328
F1 76,831,496 1.1907 64,526,326 6 14 0.117460988
F1 97,783,480 1.0405 93,977,395 3 7 0.015847632
L1 31,470,380 1.0627 29,613,607 10 86 0.007143797
L1 27,897,440 1.0199 27,353,113 6 14 0.012508337
L1 36,869,660 0.9461 38,970,151 3 6 0.000014595
Random Totals: 961,944,283 983,200,744 173 3,812
CATG D1 EXCEPTION VALUES: 1,502,630 1,391,657
CATG L1 EXCEPTION VALUES: 76,757,380 75,573,828
Total Test Values 1,040,204,293 1,060,166,229

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 53,008,311

Confidence Interval Values(5)

Local Test Value: 1,040,204,293 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,007,157,918 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,113,174,540 (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