taxes Property Tax Assistance

2022 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 7,194,890 0.8902 8,082,330 16 72 0.090994458
A 10,105,537 1.0488 9,635,333 14 55 0.056535898
A 15,164,380 1.1204 13,534,791 15 60 0.046222646
A 29,799,140 1.1647 25,585,249 13 71 0.022523180
E 60,546,711 1.0104 59,923,507 20 291 0.110727497
Random Totals: 122,810,658 116,761,210 78 549
CATG D1 EXCEPTION VALUES: 1,608,305 1,341,085
CATG J EXCEPTION VALUES: 13,181,780 14,044,935
Total Test Values 137,600,743 132,147,230

Margin of Error

Margin of Error Percent: 6.8071868
Margin of Error Value: 8,995,509

Confidence Interval Values(5)

Local Test Value: 137,600,743 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 123,151,721 (State Test Value minus Margin of Error Percent)
State Upper Limit: 141,142,739 (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