taxes Property Tax Assistance

2020 Confidence Interval Detail

McLennan County
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 21,543,850 0.7777 27,702,006 15 267 0.071867752
A 21,822,165 1.1680 18,683,360 15 128 0.036763281
A 23,183,480 1.0726 21,614,283 15 101 0.022115724
A 25,067,317 1.1376 22,035,265 15 73 0.013946385
E 73,225,174 0.9107 80,405,374 20 549 0.042793427
Random Totals: 164,841,986 170,440,288 80 1,118
CATG D1 EXCEPTION VALUES: 3,941,040 3,299,956
Total Test Values 168,783,026 173,740,244

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,687,012

Confidence Interval Values(5)

Local Test Value: 168,783,026 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 165,053,232 (State Test Value minus Margin of Error Percent)
State Upper Limit: 182,427,256 (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