taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-903/Midway ISD

Category Summary

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

Stratum
Variance
A 581,339,275 0.9736 597,102,789 25 3,947 .032303270
A 782,574,851 0.9750 802,640,873 38 4,031 .008228330
A 820,347,844 0.9958 823,807,837 35 3,027 .003916752
A 903,557,255 1.0538 857,427,648 19 1,895 .024138487
B 42,278,172 0.9356 45,188,298 10 267 .022940331
B 73,638,194 0.8936 82,406,215 10 362 .006920921
B 93,610,680 0.8401 111,428,020 9 191 .160718944
B 66,634,963 0.8064 82,632,643 3 5 .005600369
F1 165,416,659 0.8429 196,247,074 10 327 .162691063
F1 177,160,791 0.8937 198,232,954 9 111 .150224314
F1 159,337,512 0.9931 160,444,580 8 42 .005612806
F1 187,422,330 1.0196 183,819,468 6 17 .002735198
L1 179,077,500 0.9018 198,577,844 12 368 .651353483
L1 203,389,600 1.1295 180,070,474 8 28 .026020918
Random Totals: 4,435,785,626   4,520,026,717 202 14,618  
Catg D1 Exception Values: 5,628,666   5,262,675      
Catg L1 Exception Values: 263,060,590   257,977,167      
Total Test Values (4): 4,704,474,882   4,783,266,559      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 239,163,327

Confidence Interval Values (5)

State Lower Limit: 4,544,103,232 (State Test Value minus Margin of Error Percent)
Local Test Value: 4,704,474,882 (Within Confidence Interval)
State Upper Limit: 5,022,429,886 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 5,230,286,492 (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