taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
161/McLennan
161-909/McGregor ISD

Category Summary

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

Stratum
Variance
A 36,533,601 0.9458 38,627,195 13 715 .028280180
A 44,560,263 0.9885 45,078,668 15 535 .003496197
A 35,045,662 0.9729 36,021,854 13 282 .004753186
A 35,583,735 1.0139 35,095,902 9 156 .022870522
E 32,501,433 1.0096 32,192,386 14 287 .000929111
F1 7,144,461 0.8700 8,212,024 9 78 .007293253
F1 7,203,023 1.0015 7,192,235 7 26 .006617835
F1 10,382,170 1.0271 10,108,237 5 15 .001538699
F1 6,714,700 1.0286 6,527,999 3 4 .002561891
L1 5,695,600 0.9979 5,707,586 11 67 .001168746
L1 5,338,940 1.0088 5,292,367 5 10 .000040847
L1 4,225,980 1.0127 4,172,983 3 4 .003069169
Random Totals: 230,929,568   234,229,436 107 2,179  
Catg J Exception Values: 13,427,290   13,448,946      
Catg D1 Exception Values: 6,880,894   6,657,432      
Catg L1 Exception Values: 17,355,040   16,447,476      
Total Test Values (4): 268,592,792   270,783,290      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,539,164

Confidence Interval Values (5)

State Lower Limit: 257,244,126 (State Test Value minus Margin of Error Percent)
Local Test Value: 268,592,792 (Within Confidence Interval)
State Upper Limit: 284,322,454 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 324,628,729 (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