taxes Property Tax Assistance

2016 Confidence Interval Detail

161/McLennan
161-920/China Spring ISD

Category Summary

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

Stratum
Variance
A 104,687,583 0.9473 110,511,541 47 840 .013336202
A 146,195,918 0.9535 153,325,556 82 915 .008121600
A 148,898,600 0.9424 157,999,363 44 684 .008338821
A 169,235,845 0.9654 175,301,269 27 468 .016352358
E 144,040,572 0.9543 150,938,460 14 768 .004227764
Random Totals: 713,058,518   748,076,189 214 3,675  
Catg D1 Exception Values: 3,480,580   2,861,123      
Total Test Values (4): 716,539,098   750,937,312      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 37,546,865

Confidence Interval Values (5)

State Lower Limit: 713,390,447 (State Test Value minus Margin of Error Percent)
Local Test Value: 716,539,098 (Within Confidence Interval)
State Upper Limit: 788,484,177 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 707,318,077 (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