taxes Property Tax Assistance

2020 Confidence Interval Detail

Bosque County
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 1,964,316 0.8183 2,400,484 9 50 0.089396409
A 2,547,529 1.1087 2,297,762 8 40 0.018184717
A 2,619,553 0.9459 2,769,376 9 27 0.146543065
A 3,112,795 1.2180 2,555,661 6 20 0.039904547
E 62,609,411 0.9922 63,101,604 17 488 0.082669278
Random Totals: 72,853,604 73,124,887 49 625
CATG D1 EXCEPTION VALUES: 6,920,985 6,439,390
CATG J EXCEPTION VALUES: 2,685,010 3,264,199
Total Test Values 82,459,599 82,828,476

Margin of Error

Margin of Error Percent: 10.5652360
Margin of Error Value: 8,751,024

Confidence Interval Values(5)

Local Test Value: 82,459,599 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 74,077,452 (State Test Value minus Margin of Error Percent)
State Upper Limit: 91,579,500 (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