taxes Property Tax Assistance

2023 Confidence Interval Detail

Bell County
246-902/Florence ISD

Category Summary

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

Stratum
Variance
A 6,573,516 1.2360 5,318,379 12 53 0.106139350
A 10,350,057 1.1902 8,696,065 12 47 0.031921756
A 7,039,083 1.1211 6,278,729 12 21 0.038160958
A 22,388,544 1.5502 14,442,358 9 40 0.032772755
E 130,315,688 1.0689 121,915,697 21 378 0.311863831
Random Totals: 176,666,888 156,651,228 66 539
CATG D1 EXCEPTION VALUES: 758,065 925,314
Total Test Values 177,424,953 157,576,542

Margin of Error

Margin of Error Percent: 18.3681914
Margin of Error Value: 28,943,961

Confidence Interval Values(5)

Local Test Value: 177,424,953 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 128,632,581 (State Test Value minus Margin of Error Percent)
State Upper Limit: 186,520,503 (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