taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
161/McLennan
161-906/La Vega ISD

Category Summary

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

Stratum
Variance
A 52,882,541 0.9088 58,189,416 16 1,293 .024678711
A 55,270,775 1.0340 53,453,361 16 815 .024060032
A 55,402,836 0.9942 55,726,047 15 609 .004385870
A 45,000,523 0.9869 45,597,855 21 345 .004042034
F1 39,133,859 0.9974 39,235,872 9 133 .002580774
F1 46,245,796 0.9592 48,212,882 7 33 .008182870
F1 50,693,252 1.0143 49,978,559 5 13 .001034819
F1 36,552,210 0.9576 38,170,645 3 4 .016442889
L1 33,408,790 0.9060 36,875,044 9 106 .221503428
L1 24,767,290 1.0096 24,531,785 4 6 .003726929
L1 44,679,520 1.0199 43,807,746 2 4 .000047333
Random Totals: 484,037,392   493,779,212 107 3,361  
Catg D1 Exception Values: 1,523,022   1,403,500      
Catg L1 Exception Values: 28,573,700   28,138,145      
Total Test Values (4): 514,134,114   523,320,857      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 26,166,043

Confidence Interval Values (5)

State Lower Limit: 497,154,814 (State Test Value minus Margin of Error Percent)
Local Test Value: 514,134,114 (Within Confidence Interval)
State Upper Limit: 549,486,900 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 677,274,565 (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