taxes Property Tax Assistance

2024 Confidence Interval Detail

McLennan County
161-919/Bruceville-Eddy 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 51,945,187 0.7885 65,878,487 12 422 0.163500813
A 3 50,076,529 0.8900 56,265,763 12 204 0.127958985
A 4 52,742,101 1.0810 48,790,103 12 152 0.027766873
A 5 61,020,598 1.2086 50,488,663 12 113 0.029013396
E 0 79,417,141 1.2189 65,154,763 20 316 0.118652743
Random Totals: 295,201,556 286,577,779 68 1,207
CATG D1 EXCEPTION VALUES: 2,692,040 2,505,544
CATG J EXCEPTION VALUES: 8,136,138 8,383,919
Total Test Values 306,029,734 297,467,242

Margin of Error

Margin of Error Percent: 7.4497839
Margin of Error Value: 22,160,667

Confidence Interval Values(5)

Local Test Value: 306,029,734 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 275,306,575 (State Test Value minus Margin of Error Percent)
State Upper Limit: 319,627,909 (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