taxes Property Tax Assistance

2023 Confidence Interval Detail

McLennan County
161-912/Riesel ISD

Category Summary

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

Stratum
Variance
A 25,622,135 1.1166 22,946,565 12 210 0.024085532
A 25,703,644 1.0642 24,153,020 12 123 0.018019419
A 35,520,296 1.0314 34,438,914 12 117 0.020304629
A 31,228,466 1.2101 25,806,517 12 68 0.013954741
E 79,140,574 0.9890 80,020,803 19 380 0.049231524
Random Totals: 197,215,115 187,365,819 67 898
CATG D1 EXCEPTION VALUES: 3,278,270 2,934,641
CATG J EXCEPTION VALUES: 7,201,554 7,560,156
Total Test Values 207,694,939 197,860,616

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,893,031

Confidence Interval Values(5)

Local Test Value: 207,694,939 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 187,967,585 (State Test Value minus Margin of Error Percent)
State Upper Limit: 207,753,647 (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