taxes Property Tax Assistance

2024 Confidence Interval Detail

Falls County
198-901/Bremond 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 0 7,820,880 1.0067 7,768,829 8 54 0.204414344
D2 0 3,814,510 0.9911 3,848,764 11 145 0.119820755
E 0 35,151,560 1.0324 34,048,392 22 233 0.127579290
Random Totals: 46,786,950 45,665,985 41 432
CATG D1 EXCEPTION VALUES: 1,545,027 1,374,346
CATG J EXCEPTION VALUES: 6,973,306 7,340,978
Total Test Values 55,305,283 54,381,309

Margin of Error

Margin of Error Percent: 10.2072487
Margin of Error Value: 5,550,835

Confidence Interval Values(5)

Local Test Value: 55,305,283 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 48,830,474 (State Test Value minus Margin of Error Percent)
State Upper Limit: 59,932,144 (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