taxes Property Tax Assistance

2023 Confidence Interval Detail

Bell County
014-908/Salado ISD

Category Summary

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

Stratum
Variance
A 263,543,170 0.9231 285,497,963 36 735 0.018393814
A 376,891,431 0.9803 384,465,399 49 762 0.011559861
A 584,704,099 1.0124 577,542,571 54 932 0.005525084
A 674,854,094 1.0081 669,431,697 26 702 0.012168175
E 411,487,724 0.9232 445,718,938 20 924 0.060556116
Random Totals: 2,311,480,518 2,362,656,568 185 4,055
CATG D1 EXCEPTION VALUES: 5,610,429 7,499,597
Total Test Values 2,317,090,947 2,370,156,165

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 118,507,808

Confidence Interval Values(5)

Local Test Value: 2,317,090,947 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,251,648,357 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,488,663,973 (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