taxes Property Tax Assistance

2024 Confidence Interval Detail

McLennan County
161-908/Mart 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 24,263,440 1.1866 20,447,868 12 300 0.121096751
A 3 28,568,380 0.9539 29,949,030 12 200 0.099649735
A 4 31,142,270 1.1437 27,229,405 12 148 0.051748092
A 5 30,570,838 0.9348 32,703,079 12 83 0.055474951
E 0 43,186,747 0.8761 49,294,312 20 226 0.120444190
F1 2 3,173,040 0.4996 6,351,161 9 56 0.206534638
F1 3 3,764,373 0.8359 4,503,377 6 16 0.125299307
F1 5 4,194,920 0.9344 4,489,426 3 5 0.015842851
Random Totals: 168,864,008 174,967,658 86 1,034
CATG D1 EXCEPTION VALUES: 3,443,773 3,145,199
CATG F1 EXCEPTION VALUES: 2,663,726 2,638,973
Total Test Values 174,971,507 180,751,830

Margin of Error

Margin of Error Percent: 6.2902782
Margin of Error Value: 11,369,793

Confidence Interval Values(5)

Local Test Value: 174,971,507 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 169,382,037 (State Test Value minus Margin of Error Percent)
State Upper Limit: 192,121,623 (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