taxes Property Tax Assistance

2016 Confidence Interval Detail

161/McLennan
161-908/Mart ISD

Category Summary

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

Stratum
Variance
A 12,060,727 1.1984 10,064,025 10 324 .072721055
A 12,625,797 0.9539 13,235,975 10 205 .090087536
A 13,451,510 0.9588 14,029,526 9 153 .041311313
A 13,369,240 0.9587 13,945,176 9 81 .036909652
E 20,832,313 0.9656 21,574,475 14 256 .023727259
F1 1,848,139 0.8720 2,119,425 9 57 .037634515
F1 2,122,450 0.9438 2,248,834 6 18 .004933857
F1 1,414,120 0.9916 1,426,099 4 4 .000394672
Random Totals: 77,724,296   78,643,535 71 1,098  
Catg D1 Exception Values: 3,014,519   2,622,729      
Catg F1 Exception Values: 1,410,850   1,614,484      
Total Test Values (4): 82,149,665   82,880,748      

Margin of Error

Margin of Error Percent: 5.1281137
Margin of Error Value: 4,250,219

Confidence Interval Values (5)

State Lower Limit: 78,630,529 (State Test Value minus Margin of Error Percent)
Local Test Value: 82,149,665 (Within Confidence Interval)
State Upper Limit: 87,130,967 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 76,668,162 (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