taxes Property Tax Assistance

2016 Confidence Interval Detail

018/Bosque
018-902/Meridian ISD

Category Summary

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

Stratum
Variance
A 13,265,055 0.9354 14,181,158 10 274 .015029424
A 14,123,637 0.9370 15,073,252 10 170 .014208393
A 13,816,785 0.9150 15,100,311 9 108 .006925293
A 13,845,054 0.9579 14,453,548 8 46 .006118476
E 65,908,291 0.9762 67,515,152 16 608 .036009572
F1 2,748,621 1.0031 2,740,127 8 48 .007655333
F1 2,290,833 0.9043 2,533,267 5 16 .019278380
F1 2,728,891 0.9896 2,757,570 5 9 .000058245
Random Totals: 128,727,167   134,354,385 71 1,279  
Catg J Exception Values: 12,904,200   13,030,676      
Catg D1 Exception Values: 5,910,004   6,675,303      
Catg F1 Exception Values: 2,571,812   2,547,897      
Total Test Values (4): 150,113,183   156,608,261      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,830,413

Confidence Interval Values (5)

State Lower Limit: 148,777,848 (State Test Value minus Margin of Error Percent)
Local Test Value: 150,113,183 (Within Confidence Interval)
State Upper Limit: 164,438,674 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 159,787,808 (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