taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-918/Axtell ISD

Category Summary

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

Stratum
Variance
A 17,598,724 0.8104 21,716,096 15 256 .064347115
A 21,249,014 0.9679 21,953,729 16 141 .086878797
A 17,652,357 0.8955 19,712,291 16 87 .095605156
A 24,799,730 1.1309 21,929,198 15 82 .016288629
E 66,595,865 0.9732 68,429,783 20 566 .026124019
Random Totals: 147,895,690   153,741,097 82 1,132  
Catg D1 Exception Values: 3,867,221   3,762,395      
Total Test Values (4): 151,762,911   157,503,492      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,875,174

Confidence Interval Values (5)

State Lower Limit: 149,628,318 (State Test Value minus Margin of Error Percent)
Local Test Value: 151,762,911 (Within Confidence Interval)
State Upper Limit: 165,378,666 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 135,429,942 (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