taxes Property Tax Assistance

2022 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 10,842,174 0.8673 12,501,065 15 134 0.119086290
A 12,577,731 0.8022 15,679,046 15 82 0.053023356
A 13,695,741 0.8372 16,358,984 16 57 0.062106866
A 17,725,159 0.9049 19,587,975 16 39 0.041748053
E 53,065,387 1.2138 43,718,394 20 248 0.159008477
Random Totals: 107,906,192 107,845,464 82 560
CATG D1 EXCEPTION VALUES: 3,245,295 3,498,497
CATG J EXCEPTION VALUES: 8,254,815 9,051,484
Total Test Values 119,406,302 120,395,445

Margin of Error

Margin of Error Percent: 6.8395115
Margin of Error Value: 8,234,460

Confidence Interval Values(5)

Local Test Value: 119,406,302 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 112,160,985 (State Test Value minus Margin of Error Percent)
State Upper Limit: 128,629,905 (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