taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
161/McLennan
161-914/Waco ISD

Category Summary

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

Stratum
Variance
A 519,308,673 0.9993 519,672,444 36 10,646 .005243060
A 516,569,001 1.0315 500,793,990 26 6,444 .003669837
A 527,792,086 0.9584 550,701,258 28 4,099 .003536098
A 554,293,328 0.9674 572,972,222 18 2,063 .027492473
B 99,199,840 1.0653 93,119,159 14 542 .025538848
B 105,437,392 0.9349 112,779,326 10 81 .012646035
B 98,936,155 0.9697 102,027,591 7 20 .001885938
B 131,179,737 0.9830 133,448,359 4 10 .002922252
F1 293,719,435 1.0516 279,307,184 9 955 .044175263
F1 310,138,198 0.9715 319,236,436 10 240 .006497778
F1 329,527,068 0.9927 331,950,305 9 97 .002504629
F1 345,571,487 1.0180 339,461,186 7 26 .002115787
L1 124,524,210 1.0085 123,474,675 10 985 .003252090
L1 131,748,290 0.9522 138,361,993 10 204 .010466760
L1 107,328,470 1.0214 105,079,763 9 48 .000401292
L1 141,324,180 0.9917 142,506,988 5 12 .000314554
Random Totals: 4,336,597,550   4,364,892,879 212 26,472  
Catg D1 Exception Values: 1,219,030   1,183,870      
Total Test Values (4): 4,337,816,580   4,366,076,749      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 218,303,837

Confidence Interval Values (5)

State Lower Limit: 4,147,772,912 (State Test Value minus Margin of Error Percent)
Local Test Value: 4,337,816,580 (Within Confidence Interval)
State Upper Limit: 4,584,380,586 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 4,158,420,870 (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