taxes Property Tax Assistance

2018 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 14,750,450 0.8516 17,320,867 11 270 .030749452
A 14,576,033 0.9523 15,306,136 10 159 .020028724
A 13,705,773 0.9690 14,144,245 9 103 .019818890
A 19,809,517 1.0994 18,018,480 8 72 .017970548
E 79,159,727 1.1358 69,695,129 20 622 .297871295
F1 2,941,212 0.9720 3,025,938 8 48 .002220782
F1 2,224,115 0.8967 2,480,333 6 15 .009652702
F1 2,656,091 0.8339 3,185,143 4 9 .097256214
Random Totals: 149,822,918   143,176,271 76 1,298  
Catg J Exception Values: 14,157,610   15,051,358      
Catg D1 Exception Values: 7,149,743   7,097,831      
Catg F1 Exception Values: 3,169,874   3,338,213      
Total Test Values (4): 174,300,145   168,663,673      

Margin of Error

Margin of Error Percent: 10.0684550
Margin of Error Value: 16,981,826

Confidence Interval Values (5)

State Lower Limit: 151,681,847 (State Test Value minus Margin of Error Percent)
Local Test Value: 174,300,145 (Within Confidence Interval)
State Upper Limit: 185,645,499 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 180,790,561 (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, 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
(6) Includes local value of unstudied property categories and sub-categories