taxes Property Tax Assistance

2024 Confidence Interval Detail

McLennan County
161-920/China Spring 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 2 409,432,622 1.0032 408,126,617 59 1,519 0.005566949
A 3 386,189,945 1.0256 376,550,258 45 1,115 0.008087259
A 4 386,411,583 1.0244 377,207,715 32 824 0.013888481
A 5 377,671,299 1.0087 374,413,898 17 511 0.009898387
E 0 318,235,630 1.0590 300,505,788 20 781 0.065994654
Random Totals: 1,877,941,079 1,836,804,276 173 4,750
CATG D1 EXCEPTION VALUES: 3,981,737 3,494,055
Total Test Values 1,881,922,816 1,840,298,331

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 92,014,917

Confidence Interval Values(5)

Local Test Value: 1,881,922,816 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,748,283,414 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,932,313,248 (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