taxes Property Tax Assistance

2024 Confidence Interval Detail

McLennan County
161-924/Hallsburg 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 15,314,597 1.0331 14,823,925 12 88 0.027551350
A 3 17,925,540 1.1298 15,866,118 12 64 0.070633816
A 4 22,873,196 1.1873 19,264,883 12 56 0.023555293
A 5 21,402,720 1.1921 17,953,796 12 35 0.023642583
E 0 73,371,769 1.0011 73,291,149 20 303 0.242055896
Random Totals: 150,887,822 141,199,871 68 546
CATG D1 EXCEPTION VALUES: 1,717,267 1,445,202
CATG J EXCEPTION VALUES: 2,163,545 2,268,299
Total Test Values 154,768,634 144,913,372

Margin of Error

Margin of Error Percent: 10.9572735
Margin of Error Value: 15,878,555

Confidence Interval Values(5)

Local Test Value: 154,768,634 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 129,034,817 (State Test Value minus Margin of Error Percent)
State Upper Limit: 160,791,927 (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