taxes Property Tax Assistance

2016 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 14,490,270 1.0114 14,326,943 10 245 .167757056
A 12,268,440 0.9001 13,630,086 9 105 .082438409
A 16,098,140 1.3227 12,170,666 9 100 .017766821
A 22,766,035 0.8800 25,870,494 9 96 .067480390
E 58,614,668 1.1305 51,848,446 15 577 .054645176
Random Totals: 124,237,553   117,846,635 52 1,123  
Catg J Exception Values: 5,165,802   5,682,533      
Catg D1 Exception Values: 3,487,210   2,770,798      
Total Test Values (4): 132,890,565   126,299,966      

Margin of Error

Margin of Error Percent: 6.9752861
Margin of Error Value: 8,809,784

Confidence Interval Values (5)

State Lower Limit: 117,490,182 (State Test Value minus Margin of Error Percent)
Local Test Value: 132,890,565 (Within Confidence Interval)
State Upper Limit: 135,109,750 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 115,799,349 (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