taxes Property Tax Assistance

2021 Confidence Interval Detail

Cherokee County
212-902/Bullard ISD

Category Summary

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

Stratum
Variance
A 70,230,170 0.8508 82,546,039 16 543 0.070641931
A 64,497,625 0.9934 64,926,138 34 231 0.007570737
A 86,810,320 0.9816 88,437,571 26 230 0.038006804
A 115,154,299 1.0442 110,279,926 18 184 0.010930872
E 112,853,620 1.0717 105,303,368 21 529 0.055274234
Random Totals: 449,546,034 451,493,042 115 1,717
CATG D1 EXCEPTION VALUES: 2,533,820 2,161,780
Total Test Values 452,079,854 453,654,822

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,682,741

Confidence Interval Values(5)

Local Test Value: 452,079,854 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 430,972,081 (State Test Value minus Margin of Error Percent)
State Upper Limit: 476,337,563 (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