taxes Property Tax Assistance

2022 Confidence Interval Detail

McLennan County
161-918/Axtell ISD

Category Summary

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

Stratum
Variance
A 23,775,724 0.9384 25,336,449 16 233 0.194558270
A 18,107,830 1.1441 15,827,139 16 85 0.045116196
A 33,493,860 1.1862 28,236,267 15 123 0.100710433
A 70,276,516 0.9643 72,878,270 14 172 0.026378719
E 108,640,230 1.0035 108,261,315 22 553 0.127036042
Random Totals: 254,294,160 250,539,440 83 1,166
CATG D1 EXCEPTION VALUES: 4,368,250 3,780,079
Total Test Values 258,662,410 254,319,519

Margin of Error

Margin of Error Percent: 7.2869663
Margin of Error Value: 18,532,178

Confidence Interval Values(5)

Local Test Value: 258,662,410 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 235,787,341 (State Test Value minus Margin of Error Percent)
State Upper Limit: 272,851,697 (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