taxes Property Tax Assistance

2020 Confidence Interval Detail

Bosque County
018-908/Cranfills Gap ISD

Category Summary

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

Stratum
Variance
A 1,431,576 0.7752 1,846,718 9 41 0.014374096
A 1,624,437 0.8971 1,810,765 8 29 0.019977135
A 1,670,979 1.0763 1,552,522 7 20 0.030757036
A 2,019,557 1.0759 1,877,086 6 14 0.072514242
E 58,920,283 0.7440 79,193,929 16 424 0.227403665
Random Totals: 65,666,832 86,281,020 46 528
CATG D1 EXCEPTION VALUES: 5,164,569 4,755,361
Total Test Values 70,831,401 91,036,381

Margin of Error

Margin of Error Percent: 20.5047288
Margin of Error Value: 18,666,763

Confidence Interval Values(5)

Local Test Value: 70,831,401 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 72,369,618 (State Test Value minus Margin of Error Percent)
State Upper Limit: 109,703,144 (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