taxes Property Tax Assistance

2024 Confidence Interval Detail

Bosque County
018-904/Valley Mills ISD

Category Summary

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

Stratum
Variance
A 2 26,144,683 1.0283 25,425,151 14 187 0.017160946
A 3 28,355,619 1.1166 25,394,608 13 131 0.014348968
A 4 25,856,966 1.1136 23,219,258 14 86 0.027072795
A 5 29,295,741 1.1314 25,893,354 12 59 0.009348359
E 0 195,146,993 0.9241 211,175,190 21 812 0.023092042
Random Totals: 304,800,002 311,107,561 74 1,275
CATG D1 EXCEPTION VALUES: 8,011,343 10,108,242
Total Test Values 312,811,345 321,215,803

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,060,790

Confidence Interval Values(5)

Local Test Value: 312,811,345 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 305,155,013 (State Test Value minus Margin of Error Percent)
State Upper Limit: 337,276,593 (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