taxes Property Tax Assistance

2019 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 59,206,990 0.9804 60,390,647 14 523 0.008517402
A 59,627,390 0.9707 61,427,207 12 228 0.007333213
A 58,998,380 0.9596 61,482,263 13 171 0.010925229
A 64,923,610 0.9822 66,100,193 11 115 0.028155352
C1 5,083,229 0.6537 7,776,088 12 2317 0.191363381
C1 4,381,560 0.9608 4,560,325 15 161 0.036825290
C1 6,412,090 1.1594 5,530,524 9 109 0.259438507
C1 4,204,870 1.0468 4,016,880 8 28 0.137946974
E 82,536,000 0.9767 84,504,966 21 540 0.026565495
Random Totals: 345,374,119 355,789,093 115 4,192
CATG D1 EXCEPTION VALUES: 2,392,510 2,280,708
Total Test Values(1) 347,766,629 358,069,801

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,903,490

Confidence Interval Values(5)

Local Test Value: 347,766,629 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 340,166,311 (State Test Value minus Margin of Error Percent)
State Upper Limit: 375,973,291 (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