taxes Property Tax Assistance

2017 Confidence Interval Detail

242/Wheeler
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
E 1,791,550 0.9555 1,874,987 12 70 .018955022
Random Totals: 1,791,550   1,874,987 12 70  
Catg J Exception Values: 370,590   397,711      
Catg D1 Exception Values: 1,122,880   1,065,995      
Total Test Values (4): 3,285,020   3,338,693      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 166,934

Confidence Interval Values (5)

State Lower Limit: 3,171,759 (State Test Value minus Margin of Error Percent)
Local Test Value: 3,285,020 (Within Confidence Interval)
State Upper Limit: 3,505,627 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 10,469,120 (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, D2, E, 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