taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-909/McGregor ISD

Category Summary

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

Stratum
Variance
A 38,764,673 0.9128 42,467,871 15 585 .033057982
A 47,181,998 0.9352 50,451,238 15 471 .034154899
A 45,273,400 0.9532 47,496,223 15 308 .011530967
A 64,949,477 0.9694 66,999,667 15 273 .006427999
E 41,830,533 1.0273 40,718,907 15 297 .015112371
F1 10,269,450 0.8984 11,430,821 9 83 .015111235
F1 8,948,227 0.9878 9,058,744 7 21 .002583490
F1 10,625,141 1.0640 9,986,035 5 11 .022845495
F1 11,272,980 0.9711 11,608,465 2 4 .000141183
L1 12,517,600 1.0579 11,832,498 10 51 .009387249
L1 11,730,420 1.0513 11,158,014 4 6 .118509662
L1 8,488,500 1.1493 7,385,800 2 2 .002647348
Random Totals: 311,852,399   320,594,283 114 2,112  
Catg J Exception Values: 17,595,044   18,871,031      
Catg D1 Exception Values: 7,132,040   6,670,660      
Catg L1 Exception Values: 21,726,940   21,248,177      
Total Test Values (4): 358,306,423   367,384,151      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 18,369,207

Confidence Interval Values (5)

State Lower Limit: 349,014,944 (State Test Value minus Margin of Error Percent)
Local Test Value: 358,306,423 (Within Confidence Interval)
State Upper Limit: 385,753,358 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 438,280,018 (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