taxes Property Tax Assistance

2022 Confidence Interval Detail

McLennan County
161-909/McGregor ISD

Category Summary

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

Stratum
Variance
A 41,979,802 0.9492 44,226,509 10 378 0.168544561
A 74,850,118 0.8951 83,622,074 26 490 0.062070089
A 104,694,670 0.9080 115,302,500 29 511 0.038429940
A 160,278,183 1.0014 160,054,107 26 451 0.053379158
E 80,775,887 1.1636 69,418,947 21 307 0.126200164
F1 13,175,010 0.7713 17,081,564 9 87 0.147401231
F1 10,615,250 0.8508 12,476,787 7 21 0.064943433
F1 16,230,608 0.8670 18,720,424 6 14 0.092888438
F1 11,019,940 0.9716 11,341,681 3 4 0.000078015
L1 9,612,850 0.9910 9,700,151 9 56 0.003713111
L1 12,985,060 0.9859 13,170,768 6 8 0.001687197
L1 7,095,650 1.0747 6,602,254 1 2 0.000000000
Random Totals: 543,313,028 561,717,766 153 2,329
CATG D1 EXCEPTION VALUES: 7,172,920 7,418,574
CATG L1 EXCEPTION VALUES: 15,305,420 12,178,332
Total Test Values 565,791,368 581,314,672

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 29,065,734

Confidence Interval Values(5)

Local Test Value: 565,791,368 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 552,248,938 (State Test Value minus Margin of Error Percent)
State Upper Limit: 610,380,406 (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