taxes Property Tax Assistance

2024 Confidence Interval Detail

Bosque County
018-903/Morgan 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 17,055,120 1.0175 16,761,789 12 146 0.010558987
A 3 13,495,967 1.0767 12,534,566 14 68 0.059353100
A 4 17,666,908 1.1232 15,729,085 13 61 0.008495171
A 5 23,682,297 1.1137 21,264,521 12 45 0.016151317
E 0 78,277,140 0.9615 81,411,482 19 263 0.035597209
Random Totals: 150,177,432 147,701,443 70 583
CATG D1 EXCEPTION VALUES: 3,261,541 3,913,314
CATG J EXCEPTION VALUES: 13,937 14,615
Total Test Values 153,452,910 151,629,372

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,581,469

Confidence Interval Values(5)

Local Test Value: 153,452,910 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 144,047,903 (State Test Value minus Margin of Error Percent)
State Upper Limit: 159,210,841 (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