taxes Property Tax Assistance

2024 Confidence Interval Detail

McLennan County
161-918/Axtell ISD

Category Summary

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

Stratum
Variance
A 2 37,186,940 1.1442 32,500,385 12 238 0.123654851
A 3 31,407,188 0.9847 31,895,184 12 110 0.012496331
A 4 47,468,980 1.0817 43,883,683 12 127 0.019587538
A 5 66,426,739 1.0208 65,073,216 12 124 0.016926590
E 0 138,047,904 1.0357 133,289,470 20 565 0.151512886
Random Totals: 320,537,751 306,641,938 68 1,164
CATG D1 EXCEPTION VALUES: 4,663,350 4,053,699
Total Test Values 325,201,101 310,695,637

Margin of Error

Margin of Error Percent: 7.8472148
Margin of Error Value: 24,380,954

Confidence Interval Values(5)

Local Test Value: 325,201,101 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 286,314,683 (State Test Value minus Margin of Error Percent)
State Upper Limit: 335,076,591 (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