taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-924/Hallsburg ISD

Category Summary

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

Stratum
Variance
A 5,395,093 1.0739 5,023,832 15 79 .042520506
A 8,441,540 1.1918 7,083,017 15 67 .006181422
A 9,126,246 1.0597 8,612,103 16 47 .064800302
A 13,335,040 1.1694 11,403,318 12 44 .036367496
E 39,072,043 1.0192 38,335,992 20 303 .153872300
Random Totals: 75,369,962   70,458,262 78 540  
Catg J Exception Values: 4,595,477   5,214,105      
Catg D1 Exception Values: 1,427,708   1,375,972      
Total Test Values (4): 81,393,147   77,048,339      

Margin of Error

Margin of Error Percent: 8.6131033
Margin of Error Value: 6,636,253

Confidence Interval Values (5)

State Lower Limit: 70,412,086 (State Test Value minus Margin of Error Percent)
Local Test Value: 81,393,147 (Within Confidence Interval)
State Upper Limit: 83,684,592 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 78,768,260 (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