taxes Property Tax Assistance

2024 Confidence Interval Detail

McLennan County
161-906/La Vega 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 2 139,759,001 0.7360 189,889,947 10 1,199 0.123023677
A 3 156,757,104 0.9816 159,695,501 13 870 0.013903668
A 4 163,784,917 0.9351 175,152,301 21 698 0.006687437
A 5 211,259,107 1.0132 208,506,817 17 672 0.002974538
F1 2 91,449,612 0.9441 96,864,328 12 128 0.051914338
F1 3 98,368,581 1.0211 96,335,894 12 35 0.005222656
F1 4 83,168,442 1.0199 81,545,683 9 14 0.021582027
F1 5 89,426,650 1.0253 87,219,984 4 5 0.002826167
L1 2 37,361,490 0.9688 38,564,709 9 68 0.012835865
L1 3 34,293,680 1.0127 33,863,612 6 10 0.010742125
L1 4 59,909,410 0.9742 61,496,007 5 7 0.002363771
L1 5 44,094,900 1.0068 43,797,080 1 2 0.000000000
Random Totals: 1,209,632,894 1,272,931,863 119 3,708
CATG D1 EXCEPTION VALUES: 1,659,980 1,519,632
CATG L1 EXCEPTION VALUES: 126,813,030 125,671,957
Total Test Values 1,338,105,904 1,400,123,452

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 70,006,173

Confidence Interval Values(5)

Local Test Value: 1,338,105,904 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,330,117,279 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,470,129,625 (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