taxes Property Tax Assistance

2018 Confidence Interval Detail

019/Bowie
019-911/Red Lick ISD

Category Summary

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

Stratum
Variance
A 39,370,229 0.9611 40,963,718 14 263 .005102107
A 50,084,059 1.0013 50,019,034 14 228 .004914713
A 47,811,079 1.0151 47,099,871 18 169 .002776334
A 49,575,719 1.0432 47,522,737 11 117 .016193465
E 22,903,000 1.0108 22,658,290 14 177 .002429609
Random Totals: 209,744,086   208,263,650 71 954  
Catg D1 Exception Values: 344,577   241,496      
Total Test Values (4): 210,088,663   208,505,146      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,425,257

Confidence Interval Values (5)

State Lower Limit: 198,079,889 (State Test Value minus Margin of Error Percent)
Local Test Value: 210,088,663 (Within Confidence Interval)
State Upper Limit: 218,930,403 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 222,093,537 (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, 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
(6) Includes local value of unstudied property categories and sub-categories