taxes Property Tax Assistance

2022 Confidence Interval Detail

Bowie County
019-911/Red Lick ISD

Category Summary

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

Stratum
Variance
A 36,787,807 0.9047 40,662,990 15 204 0.012668470
A 52,576,202 0.9476 55,483,539 16 204 0.020553842
A 83,755,320 1.0056 83,288,902 15 248 0.006711824
A 97,688,493 1.0033 97,367,181 15 196 0.008852685
E 28,300,888 0.8972 31,543,567 10 171 0.023499473
Random Totals: 299,108,710 308,346,179 71 1,023
CATG D1 EXCEPTION VALUES: 387,375 190,348
Total Test Values 299,496,085 308,536,527

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,426,826

Confidence Interval Values(5)

Local Test Value: 299,496,085 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 293,109,701 (State Test Value minus Margin of Error Percent)
State Upper Limit: 323,963,353 (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