taxes Property Tax Assistance

2019 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 7,864,833 0.9920 7,928,259 17 152 0.073935463
A 7,025,591 1.1307 6,213,488 15 65 0.003551448
A 7,437,364 1.0016 7,425,483 17 43 0.033517822
A 8,091,667 1.0467 7,730,646 13 24 0.039879397
E 25,976,620 0.9178 28,303,138 20 231 0.053761509
Random Totals: 56,396,075 57,601,014 82 515
CATG D1 EXCEPTION VALUES: 2,830,650 2,738,410
CATG J EXCEPTION VALUES: 20,630 34,164
Total Test Values(2) 59,247,355 60,373,588

Margin of Error

Margin of Error Percent: 5.0705815
Margin of Error Value: 3,061,292

Confidence Interval Values(5)

Local Test Value: 59,247,355 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 57,312,296 (State Test Value minus Margin of Error Percent)
State Upper Limit: 63,434,880 (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