taxes Property Tax Assistance

2024 Confidence Interval Detail

McLennan County
161-909/McGregor 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 90,405,414 0.9059 99,796,240 12 587 0.053499151
A 3 128,582,233 1.0041 128,057,198 20 591 0.026008584
A 4 99,960,563 1.0661 93,762,839 15 336 0.013705698
A 5 139,300,498 1.0020 139,022,453 12 280 0.040258934
E 0 98,897,473 1.2966 76,274,466 20 301 0.101388295
F1 2 17,221,980 0.9564 18,007,089 9 85 0.005013785
F1 3 15,962,810 0.9333 17,103,622 8 25 0.020455859
F1 4 20,555,310 0.9779 21,019,849 6 14 0.000571160
F1 5 20,499,290 0.9883 20,741,971 3 6 0.000061265
L1 2 13,891,846 1.0155 13,679,809 9 44 0.001914118
Random Totals: 645,277,417 627,465,536 114 2,269
CATG D1 EXCEPTION VALUES: 7,780,929 8,084,058
CATG J EXCEPTION VALUES: 2,651,713 2,780,255
CATG L1 EXCEPTION VALUES: 51,701,880 50,817,464
Total Test Values 707,411,939 689,147,313

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 34,457,366

Confidence Interval Values(5)

Local Test Value: 707,411,939 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 654,689,947 (State Test Value minus Margin of Error Percent)
State Upper Limit: 723,604,679 (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