taxes Property Tax Assistance

2024 Confidence Interval Detail

McLennan County
161-914/Waco 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 1,116,867,089 1.0212 1,093,681,051 72 8,401 0.018357470
A 3 1,407,736,143 1.0022 1,404,645,922 75 7,184 0.008965200
A 4 1,366,887,334 1.0106 1,352,550,301 73 4,801 0.012250181
A 5 1,419,488,599 1.0227 1,387,981,421 73 2,525 0.011306739
B 2 424,750,552 0.7868 539,845,643 25 537 0.073769318
B 3 279,245,501 1.0134 275,553,090 8 25 0.019180294
B 4 357,576,703 0.8610 415,303,952 8 13 0.086708538
F1 2 713,569,959 0.8103 880,624,409 12 936 0.303944181
F1 3 696,026,309 0.9727 715,561,128 12 248 0.041922668
F1 4 659,969,464 1.0038 657,471,074 12 98 0.072477162
F1 5 596,356,140 0.9962 598,630,938 12 31 0.026939910
L1 2 192,450,455 0.9542 201,687,754 10 875 0.008212590
L1 3 177,094,383 0.9691 182,741,082 10 148 0.002498846
L1 4 189,245,820 0.9664 195,825,559 10 43 0.003166792
L1 5 168,682,260 1.0065 167,592,906 3 4 0.000063289
Random Totals: 9,765,946,711 10,069,696,230 415 25,869
CATG B EXCEPTION VALUES: 211,200,000 239,945,883
CATG D1 EXCEPTION VALUES: 1,168,828 1,209,611
Total Test Values 9,978,315,539 10,310,851,724

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 515,542,586

Confidence Interval Values(5)

Local Test Value: 9,978,315,539 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 9,795,309,138 (State Test Value minus Margin of Error Percent)
State Upper Limit: 10,826,394,310 (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