taxes Property Tax Assistance

2020 Confidence Interval Detail

Bosque County
018-902/Meridian ISD

Category Summary

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

Stratum
Variance
A 14,716,447 0.8205 17,935,950 14 256 0.113660452
A 16,788,714 0.9072 18,506,078 16 170 0.120301299
A 19,893,020 0.8908 22,331,634 15 133 0.045386445
A 18,408,975 1.1407 16,138,314 12 57 0.020162461
E 92,977,626 0.8238 112,864,319 20 596 0.035333936
F1 3,273,709 0.9575 3,419,017 9 41 0.074088240
F1 3,384,048 0.9749 3,471,174 7 20 0.008257935
F1 2,708,626 0.9077 2,984,054 5 8 0.013411394
F1 3,966,262 1.0166 3,901,478 4 5 0.000862712
Random Totals: 176,117,427 201,552,018 102 1,286
CATG D1 EXCEPTION VALUES: 7,448,452 6,825,667
CATG J EXCEPTION VALUES: 17,867,360 18,568,154
Total Test Values 201,433,239 226,945,839

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,347,292

Confidence Interval Values(5)

Local Test Value: 201,433,239 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 215,598,547 (State Test Value minus Margin of Error Percent)
State Upper Limit: 238,293,131 (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