taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-914/Waco ISD

Category Summary

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

Stratum
Variance
A 562,097,266 0.9258 607,147,619 101 9262 0.051377683
A 702,537,295 0.9231 761,063,043 98 7189 0.033789889
A 832,657,600 0.9766 852,608,642 99 5201 0.023185262
A 830,657,996 0.9514 873,090,179 100 2316 0.045172263
B 223,630,283 0.9617 232,536,428 15 392 0.041606997
B 214,811,535 0.8648 248,394,467 8 33 0.014356904
B 234,411,498 0.7330 319,797,405 6 15 0.255626886
B 259,564,300 1.0354 250,689,878 4 8 0.021235923
F1 443,904,892 1.1137 398,585,698 14 904 0.064679063
F1 455,672,769 0.9904 460,089,629 10 205 0.005010382
F1 459,971,650 0.9195 500,241,055 9 85 0.043849178
F1 456,464,306 1.0177 448,525,406 7 24 0.007746650
L1 144,900,940 1.0315 140,475,948 10 951 0.013139903
L1 148,166,980 1.0053 147,385,835 11 189 0.002735557
L1 138,940,290 1.0600 131,075,745 10 52 0.012289954
Random Totals: 6,108,389,600 6,371,706,977 502 26,826
CATG D1 EXCEPTION VALUES: 1,135,451 1,014,910
CATG L1 EXCEPTION VALUES: 137,378,900 135,423,461
Total Test Values(2) 6,246,903,951 6,508,145,348

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 325,407,267

Confidence Interval Values(5)

Local Test Value: 6,246,903,951 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,182,738,081 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,833,552,615 (State Test Value plus Margin of Error Percent)

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