taxes Property Tax Assistance

2016 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 50,373,107 0.9763 51,595,931 10 1,191 .060434744
A 53,889,828 0.9804 54,967,185 12 802 .090657263
A 57,816,307 0.9915 58,311,959 16 646 .008811748
A 73,293,374 1.0065 72,820,044 29 575 .005157710
F1 48,547,032 0.9758 49,751,006 9 133 .012977116
F1 44,433,790 1.1036 40,262,586 7 27 .051018088
F1 47,883,270 1.1000 43,530,245 6 13 .026342208
F1 66,330,974 0.9865 67,238,696 3 8 .002989449
L1 26,908,600 1.0478 25,681,046 9 113 .017721915
L1 27,004,740 1.0030 26,923,968 5 9 .001259971
L1 27,016,150 0.9999 27,018,852 3 4 .001018756
L1 57,929,650 0.9745 59,445,511 2 4 .027632080
Random Totals: 581,426,822   577,547,029 111 3,525  
Catg D1 Exception Values: 1,362,749   1,158,097      
Total Test Values (4): 582,789,571   578,705,126      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 28,935,256

Confidence Interval Values (5)

State Lower Limit: 549,769,870 (State Test Value minus Margin of Error Percent)
Local Test Value: 582,789,571 (Within Confidence Interval)
State Upper Limit: 607,640,382 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 738,330,984 (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