taxes Property Tax Assistance

2016 Confidence Interval Detail

161/McLennan
161-903/Midway ISD

Category Summary

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

Stratum
Variance
A 520,921,590 0.9493 548,742,853 99 4,131 .006880011
A 619,396,811 0.9542 649,126,819 94 3,645 .012757744
A 640,182,853 0.9522 672,319,736 96 2,719 .008585225
A 674,707,086 0.9584 703,993,203 94 1,590 .008730415
B 47,764,008 0.9772 48,878,436 10 355 .008108360
B 45,114,336 1.0509 42,929,238 10 245 .002057108
B 55,548,028 0.9627 57,700,247 11 147 .004639070
B 57,028,235 1.0028 56,869,002 3 6 .018932728
F1 133,286,994 0.9894 134,714,973 11 306 .004551749
F1 153,623,017 0.9774 157,175,176 9 115 .005069989
F1 169,491,569 1.0083 168,096,369 8 49 .009475765
F1 147,132,534 1.0316 142,625,566 8 13 .006629428
L1 167,398,100 1.1538 145,084,157 10 352 .054984463
L1 157,300,460 0.9531 165,040,877 7 24 .015292770
L1 309,032,010 1.0279 300,644,041 2 5 .012593624
Random Totals: 3,897,927,631   3,993,940,693 472 13,702  
Catg D1 Exception Values: 5,491,425   5,064,578      
Total Test Values (4): 3,903,419,056   3,999,005,271      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 199,950,263

Confidence Interval Values (5)

State Lower Limit: 3,799,055,008 (State Test Value minus Margin of Error Percent)
Local Test Value: 3,903,419,056 (Within Confidence Interval)
State Upper Limit: 4,198,955,534 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 4,550,078,802 (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, D3, 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