taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
018/Bosque
018-906/Iredell ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 2,675,670 0.8866 3,017,900 10 74 .027102087
A 2,699,938 0.8549 3,158,192 9 42 .017760225
A 1,582,793 0.9934 1,593,309 9 15 .008910236
A 1,377,678 0.9359 1,472,035 7 8 .015259980
E 41,806,333 0.8640 48,386,959 21 439 .068439594
Random Totals: 50,142,412   57,628,395 56 578  
Catg J Exception Values: 2,027,490   2,022,488      
Catg D1 Exception Values: 6,217,381   6,291,348      
Total Test Values (4): 58,387,283   65,942,231      

Margin of Error

Margin of Error Percent: 8.2171105
Margin of Error Value: 5,418,546

Confidence Interval Values (5)

Local Test Value: 58,387,283 (Outside Confidence Interval)
State Lower Limit: 60,523,685 (State Test Value minus Margin of Error Percent)
State Upper Limit: 71,360,777 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 96,182,420 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories