taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
161/McLennan
161-924/Hallsburg ISD

Category Summary

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

Stratum
Variance
A 5,967,398 0.9406 6,344,246 16 97 .009037672
A 5,848,330 0.9485 6,165,872 15 56 .010661868
A 5,977,610 0.9932 6,018,536 13 40 .002307336
A 6,065,260 0.9914 6,117,874 10 25 .001476288
E 26,294,692 0.9732 27,018,796 12 293 .017522785
Random Totals: 50,153,290   51,665,324 66 511  
Catg J Exception Values: 5,763,861   6,056,048      
Catg D1 Exception Values: 1,222,950   1,069,192      
Total Test Values (4): 57,140,101   58,790,564      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,939,528

Confidence Interval Values (5)

State Lower Limit: 55,851,036 (State Test Value minus Margin of Error Percent)
Local Test Value: 57,140,101 (Within Confidence Interval)
State Upper Limit: 61,730,092 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 60,094,334 (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