taxes Property Tax Assistance

2024 Confidence Interval Detail

Somervell County
213-901/Glen Rose 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 2 175,025,719 0.9581 182,680,011 13 846 0.004499148
A 3 180,442,328 0.9818 183,787,256 18 503 0.012976997
A 4 173,818,370 1.0355 167,859,363 17 352 0.009501058
A 5 204,633,280 0.9527 214,792,988 10 283 0.008945744
E 0 529,458,057 1.0024 528,190,400 30 1,620 0.039847103
F1 2 31,844,960 0.7968 39,966,064 12 108 0.146882411
F1 3 39,327,239 0.9415 41,770,833 12 59 0.050661214
F1 4 48,435,292 0.9397 51,543,356 9 32 0.019615124
F1 5 30,900,851 1.2888 23,976,452 5 7 0.080825947
Random Totals: 1,413,886,096 1,434,566,723 126 3,810
CATG D1 EXCEPTION VALUES: 6,033,770 4,915,472
CATG J EXCEPTION VALUES: 66,900 71,400
Total Test Values 1,419,986,766 1,439,553,595

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 71,977,680

Confidence Interval Values(5)

Local Test Value: 1,419,986,766 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,367,575,915 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,511,531,275 (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