taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-925/Gholson ISD

Category Summary

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

Stratum
Variance
A 6,917,580 1.0555 6,553,842 15 124 .135179760
A 7,470,000 0.9647 7,743,340 14 70 .014220148
A 7,459,270 1.0682 6,983,028 13 51 .010315568
A 11,993,865 1.0962 10,941,311 13 56 .033594703
E 29,077,296 1.0102 28,783,702 20 355 .165832030
Random Totals: 62,918,011   61,005,223 75 656  
Catg D1 Exception Values: 1,179,540   1,119,732      
Total Test Values (4): 64,097,551   62,124,955      

Margin of Error

Margin of Error Percent: 8.5579764
Margin of Error Value: 5,316,639

Confidence Interval Values (5)

State Lower Limit: 56,808,316 (State Test Value minus Margin of Error Percent)
Local Test Value: 64,097,551 (Within Confidence Interval)
State Upper Limit: 67,441,594 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 53,071,159 (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