taxes Property Tax Assistance

2022 Confidence Interval Detail

McLennan County
161-907/Lorena ISD

Category Summary

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

Stratum
Variance
A 61,144,263 0.8717 70,143,700 15 312 0.127862681
A 194,115,225 0.9833 197,412,005 35 696 0.041293516
A 185,338,446 1.0601 174,831,097 33 497 0.015546617
A 364,445,842 0.9927 367,125,861 46 625 0.037944283
E 163,241,958 0.9431 173,090,826 20 561 0.464680992
Random Totals: 968,285,734 982,603,489 149 2,691
CATG D1 EXCEPTION VALUES: 3,848,779 3,509,731
Total Test Values 972,134,513 986,113,220

Margin of Error

Margin of Error Percent: 5.8668389
Margin of Error Value: 57,853,674

Confidence Interval Values(5)

Local Test Value: 972,134,513 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 928,259,546 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,043,966,894 (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