taxes Property Tax Assistance

2018 Confidence Interval Detail

161/McLennan
161-916/West ISD

Category Summary

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

Stratum
Variance
A 58,907,878 0.9978 59,037,761 19 742 .039550856
A 61,947,337 0.9993 61,990,731 23 462 .044536493
A 75,965,316 0.9479 80,140,644 18 401 .059308627
A 77,773,060 1.0081 77,148,160 18 253 .012506645
E 131,388,329 0.9636 136,351,524 24 1,060 .106053912
F1 14,079,940 0.8650 16,277,387 9 104 .018317174
F1 15,397,730 0.9301 16,554,919 7 28 .011078143
F1 20,567,760 0.9700 21,203,876 4 8 .013833382
Random Totals: 456,027,350   468,705,002 122 3,058  
Catg J Exception Values: 10,561,674   12,410,285      
Catg D1 Exception Values: 11,184,669   10,419,619      
Catg F1 Exception Values: 9,800,000   9,792,315      
Total Test Values (4): 487,573,693   501,327,221      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 25,066,361

Confidence Interval Values (5)

State Lower Limit: 476,260,860 (State Test Value minus Margin of Error Percent)
Local Test Value: 487,573,693 (Within Confidence Interval)
State Upper Limit: 526,393,582 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 456,589,565 (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