taxes Property Tax Assistance

2016 Confidence Interval Detail

161/McLennan
161-914/Waco ISD

Category Summary

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

Stratum
Variance
A 534,040,848 0.9402 568,007,709 89 10,489 .061250465
A 549,782,582 0.9518 577,624,062 99 6,624 .059005747
A 561,169,076 0.9087 617,551,531 98 4,170 .025101229
A 622,053,462 0.9495 655,137,927 96 2,127 .035215802
B 116,828,484 1.0170 114,875,599 13 426 .002908845
B 156,973,671 0.8060 194,756,416 8 57 .070253532
B 182,093,911 0.9391 193,902,578 7 19 .028462624
F1 356,763,432 0.9689 368,214,916 9 919 .074563091
F1 353,298,551 0.9461 373,426,225 10 216 .010925313
F1 453,163,546 0.9820 461,470,006 7 109 .002789155
F1 407,879,415 0.9983 408,573,991 7 25 .003154040
L1 140,810,300 1.0479 134,373,795 10 941 .018337242
L1 146,258,000 0.9894 147,824,944 9 182 .003663766
L1 152,797,350 1.0160 150,391,093 9 46 .010729501
Random Totals: 4,733,912,628   4,966,130,792 471 26,350  
Catg D1 Exception Values: 1,140,969   1,066,949      
Catg B Exception Values: 167,662,205   176,968,641      
Catg L1 Exception Values: 150,992,440   145,481,127      
Total Test Values (4): 5,053,708,242   5,289,647,509      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 264,482,375

Confidence Interval Values (5)

State Lower Limit: 5,025,165,134 (State Test Value minus Margin of Error Percent)
Local Test Value: 5,053,708,242 (Within Confidence Interval)
State Upper Limit: 5,554,129,884 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 4,703,592,263 (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