taxes Property Tax Assistance

2022 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 20,375,267 0.9098 22,395,325 15 221 0.053334008
A 29,197,314 1.1029 26,473,220 15 192 0.023348085
A 43,028,658 1.0785 39,896,762 15 176 0.012355843
A 43,646,509 1.2342 35,364,211 15 87 0.066132109
E 194,505,661 0.9906 196,351,364 24 626 0.106136271
Random Totals: 330,753,409 320,480,882 84 1,302
CATG D1 EXCEPTION VALUES: 7,909,510 8,519,314
CATG J EXCEPTION VALUES: 18,869,672 20,343,114
Total Test Values 357,532,591 349,343,310

Margin of Error

Margin of Error Percent: 7.4796615
Margin of Error Value: 26,129,697

Confidence Interval Values(5)

Local Test Value: 357,532,591 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 323,213,613 (State Test Value minus Margin of Error Percent)
State Upper Limit: 375,473,007 (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