taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
161/McLennan
161-903/Midway ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 482,960,891 0.9746 495,547,805 10 4,072 .002175214
A 534,084,963 0.9995 534,352,139 17 3,363 .001482305
A 603,321,766 0.9966 605,380,058 23 2,768 .003672222
A 600,045,187 1.0062 596,347,830 13 1,503 .002113415
B 46,074,091 0.9507 48,463,333 10 360 .014488625
B 28,876,376 1.0109 28,565,017 10 172 .000999245
B 65,282,397 1.0004 65,256,294 9 254 .004372569
B 52,262,450 0.9808 53,285,532 3 7 .004489437
F1 125,353,202 0.9809 127,794,069 10 323 .006339526
F1 128,480,564 1.0024 128,172,949 9 111 .007813734
F1 122,011,730 0.9853 123,832,061 8 41 .001018941
F1 139,636,965 1.0068 138,693,847 5 15 .000564453
L1 91,813,030 1.0233 89,722,496 10 339 .003368928
L1 97,435,100 0.7523 129,516,283 8 60 .409108537
L1 66,856,130 1.0408 64,235,329 4 7 .000971524
L1 176,502,520 1.0435 169,144,724 2 6 .000197584
Random Totals: 3,360,997,362   3,398,309,766 151 13,401  
Catg D1 Exception Values: 5,716,152   5,556,491      
Catg L1 Exception Values: 111,388,720   112,109,550      
Total Test Values (4): 3,478,102,234   3,515,975,807      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 175,798,790

Confidence Interval Values (5)

State Lower Limit: 3,340,177,017 (State Test Value minus Margin of Error Percent)
Local Test Value: 3,478,102,234 (Within Confidence Interval)
State Upper Limit: 3,691,774,597 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 4,184,355,069 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories