taxes Property Tax Assistance

2021 Confidence Interval Detail

Bell County
014-908/Salado ISD

Category Summary

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

Stratum
Variance
A 187,370,309 0.9306 201,343,551 31 771 0.008442012
A 238,053,179 0.9551 249,244,246 67 698 0.008179501
A 279,256,803 0.9787 285,334,426 74 650 0.008247937
A 363,656,504 0.9639 377,276,174 28 561 0.015244309
E 244,215,511 0.9648 253,125,530 15 839 0.043595218
F1 20,267,559 0.8854 22,890,850 9 90 0.051030626
F1 23,019,968 0.9522 24,175,560 9 50 0.030712734
F1 16,419,456 0.8800 18,658,473 7 18 0.042885316
F1 24,518,191 0.8131 30,153,968 5 10 0.014089271
Random Totals: 1,396,777,480 1,462,202,778 245 3,687
CATG D1 EXCEPTION VALUES: 6,079,337 5,647,703
Total Test Values 1,402,856,817 1,467,850,481

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 73,392,524

Confidence Interval Values(5)

Local Test Value: 1,402,856,817 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,394,457,957 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,541,243,005 (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