taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
161/McLennan
161-918/Axtell ISD

Category Summary

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

Stratum
Variance
A 14,039,222 0.9222 15,223,620 15 256 .007595896
A 12,989,720 0.9773 13,291,436 16 118 .004340520
A 13,857,853 0.9721 14,255,584 17 92 .002270649
A 15,357,787 0.9732 15,780,710 17 67 .004552777
E 50,323,575 0.9380 53,649,867 15 560 .008617011
Random Totals: 106,568,157   112,201,217 80 1,093  
Catg J Exception Values: 5,461,010   5,585,424      
Catg D1 Exception Values: 3,398,060   2,962,677      
Total Test Values (4): 115,427,227   120,749,318      

Margin of Error

Margin of Error Percent: 5.0000001
Margin of Error Value: 6,037,466

Confidence Interval Values (5)

State Lower Limit: 114,711,852 (State Test Value minus Margin of Error Percent)
Local Test Value: 115,427,227 (Within Confidence Interval)
State Upper Limit: 126,786,784 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 106,382,110 (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