taxes Property Tax Assistance

2018 Confidence Interval Detail

018/Bosque
018-906/Iredell ISD

Category Summary

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

Stratum
Variance
A 2,277,562 0.7289 3,124,656 7 58 0.035847812
A 2,475,626 0.9649 2,565,681 7 38 0.021248414
A 2,398,033 0.9651 2,484,751 7 25 0.051771082
A 2,118,260 1.0588 2,000,623 6 13 0.027727609
E 52,493,127 0.9526 55,105,109 19 530 0.008124991
Random Totals: 61,762,608 65,280,820 46 664
CATG D1 EXCEPTION VALUES: 6,528,471 6,462,666
CATG J EXCEPTION VALUES: 2,453,820 2,491,547
Total Test Values(2) 70,744,899 74,235,033

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,711,752

Confidence Interval Values(5)

Local Test Value: 70,744,899 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 70,523,281 (State Test Value minus Margin of Error Percent)
State Upper Limit: 77,946,785 (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