taxes Property Tax Assistance

2016 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 5,591,670 0.8922 6,267,283 9 88 .043702695
A 4,998,530 1.1303 4,422,304 9 48 .052450393
A 7,612,980 0.9636 7,900,560 8 49 .028274907
A 8,880,680 1.0397 8,541,579 7 36 .042645518
E 30,763,972 1.0238 30,048,810 14 307 .072129937
Random Totals: 57,847,832   57,180,536 47 528  
Catg J Exception Values: 5,833,730   6,539,269      
Catg D1 Exception Values: 1,319,796   1,074,813      
Total Test Values (4): 65,001,358   64,794,618      

Margin of Error

Margin of Error Percent: 7.1230577
Margin of Error Value: 4,615,358

Confidence Interval Values (5)

State Lower Limit: 60,179,260 (State Test Value minus Margin of Error Percent)
Local Test Value: 65,001,358 (Within Confidence Interval)
State Upper Limit: 69,409,976 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 66,620,537 (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