taxes Property Tax Assistance

2021 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 13,641,446 1.0334 13,200,548 15 207 0.099782790
A 21,422,551 1.0331 20,736,183 15 197 0.017751463
A 26,188,180 1.0369 25,256,225 14 164 0.009806661
A 50,078,770 1.1753 42,609,351 15 144 0.048864013
E 154,010,359 1.0226 150,606,649 22 603 0.164940204
F1 3,885,166 0.8566 4,535,566 9 47 0.040361952
F1 2,777,280 1.0144 2,737,855 7 16 0.009672274
F1 5,316,281 1.0074 5,277,230 6 14 0.086848141
F1 2,784,661 0.9757 2,854,025 2 3 0.004286387
Random Totals: 280,104,694 267,813,632 105 1,395
CATG D1 EXCEPTION VALUES: 7,715,485 7,601,945
CATG J EXCEPTION VALUES: 497,087 632,762
Total Test Values 288,317,266 276,048,339

Margin of Error

Margin of Error Percent: 9.4148900
Margin of Error Value: 25,989,647

Confidence Interval Values(5)

Local Test Value: 288,317,266 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 250,058,692 (State Test Value minus Margin of Error Percent)
State Upper Limit: 302,037,986 (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