taxes Property Tax Assistance

2016 Confidence Interval Detail

090/Gray
090-903/McLean ISD

Category Summary

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

Stratum
Variance
A 2,906,700 0.5568 5,220,366 9 188 .040466220
A 3,073,320 0.7838 3,921,051 9 85 .010936300
A 3,471,340 1.1541 3,007,833 8 49 .041023611
A 3,930,600 1.0204 3,852,019 8 30 .026640553
E 12,654,330 0.9888 12,797,664 15 214 .014329509
G1 5,945,080 1.0233 5,809,714 15 195 .015788859
G1 5,943,690 1.0053 5,912,355 15 84 .049933596
G1 5,853,710 0.9943 5,887,267 15 41 .032107549
G1 5,877,770 1.0368 5,669,145 10 13 .188924825
Random Totals: 49,656,540   52,077,414 104 899  
Catg J Exception Values: 620   540      
Catg D1 Exception Values: 6,470,900   6,993,818      
Total Test Values (4): 56,128,060   59,071,772      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,953,588

Confidence Interval Values (5)

State Lower Limit: 56,118,184 (State Test Value minus Margin of Error Percent)
Local Test Value: 56,128,060 (Within Confidence Interval)
State Upper Limit: 62,025,360 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 87,423,142 (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