taxes Property Tax Assistance

2022 Confidence Interval Detail

McLennan County
161-914/Waco ISD

Category Summary

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

Stratum
Variance
A 589,827,870 0.9838 599,540,425 69 6,224 0.055987512
A 1,298,878,484 0.9552 1,359,797,408 81 9,114 0.034437871
A 1,362,651,756 0.9430 1,445,017,769 90 6,155 0.031216764
A 1,595,915,258 1.0037 1,590,032,139 93 3,598 0.048936656
B 332,919,452 0.6512 511,239,945 12 615 0.242746568
B 340,839,680 1.4289 238,532,913 10 38 0.044773893
B 296,808,268 1.2127 244,749,953 8 14 0.011943846
B 375,933,340 1.2217 307,713,301 5 9 0.044525881
F1 563,317,422 0.8739 644,601,696 10 973 0.132329486
F1 482,761,565 1.1580 416,892,543 10 216 0.024443299
F1 567,838,917 0.7585 748,634,037 10 111 0.221158252
F1 757,586,921 0.9899 765,316,619 8 51 0.042954472
L1 149,767,320 0.9714 154,176,776 12 971 0.017504569
L1 135,583,350 0.9792 138,463,388 11 177 0.013461716
L1 179,844,060 1.0050 178,949,313 10 71 0.008177998
L1 187,995,150 0.9966 188,636,514 5 11 0.000360514
Random Totals: 9,218,468,813 9,532,294,739 444 28,348
CATG D1 EXCEPTION VALUES: 1,120,790 1,096,294
Total Test Values 9,219,589,603 9,533,391,033

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 476,669,552

Confidence Interval Values(5)

Local Test Value: 9,219,589,603 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 9,056,721,481 (State Test Value minus Margin of Error Percent)
State Upper Limit: 10,010,060,585 (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