taxes Property Tax Assistance

2024 Confidence Interval Detail

McLennan County
161-903/Midway 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 1,322,240,525 0.9982 1,324,624,850 72 4,803 0.004864518
A 3 1,385,411,239 1.0074 1,375,234,504 73 3,981 0.004955220
A 4 1,535,561,103 1.0212 1,503,683,023 71 3,400 0.004148289
A 5 1,562,236,698 0.9844 1,586,993,801 72 2,041 0.007010573
B 2 101,361,728 0.8780 115,446,159 10 436 0.010354918
B 3 104,450,392 0.9223 113,249,910 10 296 0.032693024
B 4 99,141,386 0.8883 111,608,000 7 16 0.020230856
F1 2 294,990,075 0.9837 299,878,088 10 369 0.000866752
F1 3 302,622,990 0.9705 311,821,731 10 134 0.031168206
F1 4 262,701,401 1.0095 260,229,223 9 56 0.019043599
F1 5 283,523,328 1.0366 273,512,761 7 21 0.004252134
L1 2 109,453,245 0.9920 110,335,932 10 324 0.003481623
L1 3 138,119,357 1.0353 133,409,985 9 86 0.008506920
L1 4 113,120,090 0.9801 115,416,886 8 24 0.007301628
L1 5 104,576,660 0.9932 105,292,650 6 10 0.000031999
Random Totals: 7,719,510,217 7,740,737,503 384 15,997
CATG B EXCEPTION VALUES: 85,395,164 82,444,952
CATG D1 EXCEPTION VALUES: 5,809,778 6,002,522
CATG L1 EXCEPTION VALUES: 203,919,770 221,488,672
Total Test Values 8,014,634,929 8,050,673,649

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 402,533,682

Confidence Interval Values(5)

Local Test Value: 8,014,634,929 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 7,648,139,967 (State Test Value minus Margin of Error Percent)
State Upper Limit: 8,453,207,331 (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