taxes Property Tax Assistance

2020 Confidence Interval Detail

Bosque County
018-903/Morgan ISD

Category Summary

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

Stratum
Variance
A 7,265,451 0.7016 10,355,546 15 134 0.074797858
A 7,808,271 0.8140 9,592,471 15 70 0.041488848
A 8,058,392 1.0123 7,960,478 15 45 0.066866064
A 9,937,619 0.9130 10,884,577 10 29 0.054459838
E 28,648,996 0.7787 36,790,800 19 237 0.113085701
Random Totals: 61,718,729 75,583,872 74 515
CATG D1 EXCEPTION VALUES: 2,988,081 2,766,864
CATG J EXCEPTION VALUES: 7,632,300 9,442,107
Total Test Values 72,339,110 87,792,843

Margin of Error

Margin of Error Percent: 6.7009291
Margin of Error Value: 5,882,936

Confidence Interval Values(5)

Local Test Value: 72,339,110 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 81,909,907 (State Test Value minus Margin of Error Percent)
State Upper Limit: 93,675,779 (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