taxes Property Tax Assistance

2024 Confidence Interval Detail

Bosque County
018-908/Cranfills Gap 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 2,292,984 0.8268 2,773,324 10 31 0.033484269
A 3 4,557,865 0.9605 4,745,305 8 38 0.029010325
A 4 4,370,657 1.0352 4,222,041 9 24 0.005165904
A 5 3,845,507 1.0259 3,748,423 8 13 0.010467124
D2 0 9,405,155 1.1446 8,216,980 10 228 0.002859281
E 0 130,827,586 1.0762 121,564,380 20 456 0.071410600
Random Totals: 155,299,754 145,270,453 65 790
CATG D1 EXCEPTION VALUES: 5,727,714 6,913,561
Total Test Values 161,027,468 152,184,014

Margin of Error

Margin of Error Percent: 9.3453388
Margin of Error Value: 14,222,112

Confidence Interval Values(5)

Local Test Value: 161,027,468 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 137,961,902 (State Test Value minus Margin of Error Percent)
State Upper Limit: 166,406,126 (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