taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
161/McLennan
161-916/West ISD

Category Summary

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

Stratum
Variance
A 36,661,699 0.9643 38,018,976 15 647 .017678569
A 53,458,536 0.9808 54,505,033 15 548 .028956324
A 52,067,646 0.8971 58,039,958 16 351 .027592886
A 58,148,837 1.0122 57,447,972 15 228 .007036427
E 101,252,510 0.9871 102,575,737 19 1,009 .049068668
F1 8,368,168 0.9343 8,956,618 9 99 .012704524
F1 7,519,810 0.9528 7,892,328 8 30 .007122616
F1 8,168,160 1.0032 8,142,105 6 14 .004159579
F1 11,899,280 0.9684 12,287,567 3 7 .001209865
L1 3,738,040 1.0210 3,661,156 9 108 .007237168
L1 3,518,710 1.0481 3,357,227 7 26 .003410991
L1 3,907,280 1.0254 3,810,493 5 11 .000430101
Random Totals: 348,708,676   358,695,170 127 3,078  
Catg J Exception Values: 9,490,360   9,435,212      
Catg D1 Exception Values: 10,712,080   10,215,549      
Catg L1 Exception Values: 11,253,490   11,388,536      
Total Test Values (4): 380,164,606   389,734,467      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,486,723

Confidence Interval Values (5)

State Lower Limit: 370,247,744 (State Test Value minus Margin of Error Percent)
Local Test Value: 380,164,606 (Within Confidence Interval)
State Upper Limit: 409,221,190 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 362,296,620 (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