taxes Property Tax Assistance

2024 Confidence Interval Detail

Bosque County
018-906/Iredell 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 3,103,474 0.8199 3,785,186 11 44 0.050414443
A 3 4,581,747 1.0016 4,574,428 9 38 0.044836586
A 4 5,714,525 0.9460 6,040,724 10 34 0.020082568
A 5 7,636,548 1.0352 7,376,882 8 25 0.014762798
E 0 136,553,120 1.1040 123,689,420 21 544 0.035741447
Random Totals: 157,589,414 145,466,640 59 685
CATG D1 EXCEPTION VALUES: 7,875,928 9,573,395
CATG J EXCEPTION VALUES: 940,074 939,430
Total Test Values 166,405,416 155,979,465

Margin of Error

Margin of Error Percent: 6.4631437
Margin of Error Value: 10,081,177

Confidence Interval Values(5)

Local Test Value: 166,405,416 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 145,898,288 (State Test Value minus Margin of Error Percent)
State Upper Limit: 166,060,642 (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