taxes Property Tax Assistance

2016 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 2,290,288 0.9897 2,314,123 9 65 .006838181
A 2,248,844 0.9652 2,329,925 8 38 .018026555
A 2,594,361 0.9725 2,667,723 8 28 .026326845
A 2,485,805 0.9125 2,724,170 6 15 .004401814
E 41,247,271 0.9330 44,209,294 18 465 .044267680
Random Totals: 50,866,569   54,245,235 49 611  
Catg J Exception Values: 2,324,050   2,333,906      
Catg D1 Exception Values: 5,302,714   5,933,320      
Total Test Values (4): 58,493,333   62,512,461      

Margin of Error

Margin of Error Percent: 6.9536664
Margin of Error Value: 4,346,908

Confidence Interval Values (5)

State Lower Limit: 58,165,553 (State Test Value minus Margin of Error Percent)
Local Test Value: 58,493,333 (Within Confidence Interval)
State Upper Limit: 66,859,369 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 94,451,964 (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