taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
161/McLennan
161-920/China Spring ISD

Category Summary

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

Stratum
Variance
A 117,875,341 0.9916 118,873,882 13 981 .003935434
A 114,832,610 0.9874 116,297,964 13 735 .001202886
A 116,605,119 0.9762 119,447,981 13 553 .001424001
A 120,675,832 0.9871 122,252,894 13 355 .001032350
B 3,479,890 0.8243 4,221,630 8 23 .001134581
B 7,908,000 0.8537 9,263,207 8 51 .000186846
B 2,545,892 0.9142 2,784,830 8 16 .003688074
B 8,757,540 0.9263 9,454,324 7 51 .001320477
E 122,986,291 0.9224 133,332,926 15 718 .022458291
Random Totals: 615,666,515   635,929,638 98 3,483  
Catg D1 Exception Values: 3,305,770   2,869,906      
Catg B Exception Values: 10,774,650   11,500,000      
Total Test Values (4): 629,746,935   650,299,544      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 32,514,977

Confidence Interval Values (5)

State Lower Limit: 617,784,567 (State Test Value minus Margin of Error Percent)
Local Test Value: 629,746,935 (Within Confidence Interval)
State Upper Limit: 682,814,521 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 622,641,435 (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