taxes Property Tax Assistance

2024 Confidence Interval Detail

McLennan County
161-912/Riesel 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 28,447,048 0.9737 29,215,413 12 211 0.048750139
A 3 31,764,634 1.1089 28,645,174 12 137 0.027015670
A 4 32,547,697 0.9866 32,989,760 12 100 0.052931251
A 5 33,957,489 1.1105 30,578,558 12 73 0.019355601
E 0 79,867,922 1.0602 75,332,882 20 390 0.061837473
Random Totals: 206,584,790 196,761,787 68 911
CATG D1 EXCEPTION VALUES: 3,502,210 3,100,232
CATG J EXCEPTION VALUES: 7,362,633 7,718,793
Total Test Values 217,449,633 207,580,812

Margin of Error

Margin of Error Percent: 5.0016266
Margin of Error Value: 10,382,417

Confidence Interval Values(5)

Local Test Value: 217,449,633 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 197,198,395 (State Test Value minus Margin of Error Percent)
State Upper Limit: 217,963,229 (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