taxes Property Tax Assistance

2020 Confidence Interval Detail

McLennan County
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 8,994,187 0.9880 9,103,428 15 97 0.055165816
A 8,996,187 1.2005 7,493,700 15 55 0.023702856
A 9,863,240 1.2607 7,823,622 14 42 0.088433606
A 10,495,588 1.2558 8,357,691 15 30 0.030797236
E 42,887,316 1.0498 40,852,844 21 282 0.197228389
Random Totals: 81,236,518 73,631,285 80 506
CATG D1 EXCEPTION VALUES: 1,443,534 1,197,492
CATG J EXCEPTION VALUES: 5,940,065 6,639,045
Total Test Values 88,620,117 81,467,822

Margin of Error

Margin of Error Percent: 9.5106123
Margin of Error Value: 7,748,089

Confidence Interval Values(5)

Local Test Value: 88,620,117 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 73,719,733 (State Test Value minus Margin of Error Percent)
State Upper Limit: 89,215,911 (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