taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-912/Riesel ISD

Category Summary

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

Stratum
Variance
A 12,644,142 1.0085 12,537,573 16 194 .032115858
A 12,677,960 1.0578 11,985,215 14 118 .028706729
A 14,466,155 1.0712 13,504,626 13 94 .003655710
A 19,759,971 1.0368 19,058,614 13 83 .015361574
E 39,185,946 0.9671 40,519,022 21 374 .064911058
L1 2,136,330 1.0996 1,942,825 6 13 .038231517
Random Totals: 100,870,504   99,547,875 83 876  
Catg J Exception Values: 29,602,806   34,403,347      
Catg D1 Exception Values: 2,847,751   2,697,086      
Catg L1 Exception Values: 9,881,980   9,391,430      
Total Test Values (4): 143,203,041   146,039,738      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,301,986

Confidence Interval Values (5)

State Lower Limit: 138,737,752 (State Test Value minus Margin of Error Percent)
Local Test Value: 143,203,041 (Within Confidence Interval)
State Upper Limit: 153,341,724 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 449,497,964 (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