taxes Property Tax Assistance

2021 Confidence Interval Detail

Bosque County
018-903/Morgan ISD

Category Summary

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

Stratum
Variance
A 7,863,172 0.9941 7,909,840 15 131 0.058910901
A 9,559,390 0.9527 10,033,998 15 78 0.027414117
A 12,315,665 0.8865 13,892,459 15 62 0.051630817
A 14,887,199 1.0885 13,676,802 15 39 0.084356226
E 39,780,319 1.1187 35,559,416 20 240 0.080745570
Random Totals: 84,405,745 81,072,515 80 550
CATG D1 EXCEPTION VALUES: 3,119,069 3,072,690
CATG J EXCEPTION VALUES: 46,947 79,159
Total Test Values 87,571,761 84,224,364

Margin of Error

Margin of Error Percent: 5.8816925
Margin of Error Value: 4,953,818

Confidence Interval Values(5)

Local Test Value: 87,571,761 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 79,270,546 (State Test Value minus Margin of Error Percent)
State Upper Limit: 89,178,182 (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