taxes Property Tax Assistance

2024 Confidence Interval Detail

Bosque County
018-902/Meridian 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 30,504,411 1.0112 30,166,546 15 238 0.026533112
A 3 40,536,506 1.0273 39,459,268 14 195 0.024749706
A 4 42,981,635 1.1283 38,094,155 14 141 0.017407552
A 5 49,928,263 1.1663 42,809,108 11 86 0.038787804
E 0 225,128,169 0.9920 226,943,719 21 666 0.016279364
F1 2 5,396,140 0.7633 7,069,488 9 44 0.056270233
F1 3 8,489,400 0.9469 8,965,466 7 23 0.019902485
F1 4 6,960,437 0.8729 7,973,923 4 9 0.038984776
F1 5 7,283,512 1.2455 5,847,862 2 3 0.109711742
Random Totals: 417,208,473 407,329,535 97 1,405
CATG D1 EXCEPTION VALUES: 8,221,427 9,889,654
CATG J EXCEPTION VALUES: 364,204 381,949
Total Test Values 425,794,104 417,601,138

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 20,880,057

Confidence Interval Values(5)

Local Test Value: 425,794,104 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 396,721,081 (State Test Value minus Margin of Error Percent)
State Upper Limit: 438,481,195 (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