taxes Property Tax Assistance

2020 Confidence Interval Detail

Bowie County
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 47,160,368 0.9532 49,475,837 11 284 0.026961186
A 45,990,538 0.9741 47,213,364 10 194 0.003443430
A 57,852,178 1.0883 53,158,300 10 191 0.025971918
A 59,965,883 1.0939 54,818,432 10 134 0.023190630
E 24,577,186 1.0712 22,943,602 10 175 0.015088634
Random Totals: 235,546,153 227,609,535 51 978
CATG D1 EXCEPTION VALUES: 383,749 204,043
Total Test Values 235,929,902 227,813,578

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,390,679

Confidence Interval Values(5)

Local Test Value: 235,929,902 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 216,422,899 (State Test Value minus Margin of Error Percent)
State Upper Limit: 239,204,257 (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