taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-907/Lorena ISD

Category Summary

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

Stratum
Variance
A 81,777,903 0.9405 86,951,518 14 587 .012122935
A 109,488,591 0.9670 113,225,017 21 562 .033632556
A 95,467,574 1.0080 94,709,895 17 352 .017508865
A 150,672,666 1.0350 145,577,455 19 359 .008548711
E 105,033,255 1.0374 101,246,631 15 587 .035593687
L1 4,132,890 1.1433 3,614,878 9 50 .114219913
L1 7,667,590 0.8749 8,763,962 4 10 .003539364
Random Totals: 554,240,469   554,089,356 99 2,507  
Catg D1 Exception Values: 3,880,764   3,665,479      
Catg L1 Exception Values: 17,495,310   17,495,310      
Total Test Values (4): 575,616,543   575,250,145      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 28,762,507

Confidence Interval Values (5)

State Lower Limit: 546,487,638 (State Test Value minus Margin of Error Percent)
Local Test Value: 575,616,543 (Within Confidence Interval)
State Upper Limit: 604,012,652 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 521,763,346 (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