taxes Property Tax Assistance

2022 Confidence Interval Detail

McLennan County
018-904/Valley Mills ISD

Category Summary

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

Stratum
Variance
A 6,258,413 0.9757 6,414,280 12 34 0.086904378
A 6,867,087 1.1411 6,017,954 11 25 0.025908644
A 16,787,440 1.0919 15,374,521 11 48 0.059233589
A 33,395,780 1.0951 30,495,644 11 66 0.023262017
E 54,249,424 0.9924 54,664,877 20 195 0.106034700
Random Totals: 117,558,144 112,967,276 65 368
CATG D1 EXCEPTION VALUES: 2,064,990 1,589,745
CATG J EXCEPTION VALUES: 6,753,931 7,433,604
Total Test Values 126,377,065 121,990,625

Margin of Error

Margin of Error Percent: 6.7759090
Margin of Error Value: 8,265,974

Confidence Interval Values(5)

Local Test Value: 126,377,065 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 113,724,651 (State Test Value minus Margin of Error Percent)
State Upper Limit: 130,256,599 (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