taxes Property Tax Assistance

2018 Confidence Interval Detail

018/Bosque
018-903/Morgan ISD

Category Summary

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

Stratum
Variance
A 7,014,408 0.8035 8,729,817 9 141 .076004666
A 7,011,615 0.9425 7,439,379 9 68 .039617646
A 7,106,760 0.9351 7,600,000 8 43 .038146033
A 8,030,066 0.8671 9,260,830 7 25 .034215955
E 23,735,396 0.8085 29,357,323 14 255 .057274921
Random Totals: 52,898,245   62,387,349 47 532  
Catg J Exception Values: 6,696,730   7,101,860      
Catg D1 Exception Values: 2,863,734   2,846,859      
Total Test Values (4): 62,458,709   72,336,068      

Margin of Error

Margin of Error Percent: 6.0212728
Margin of Error Value: 4,355,552

Confidence Interval Values (5)

Local Test Value: 62,458,709 (Outside Confidence Interval)
State Lower Limit: 67,980,516 (State Test Value minus Margin of Error Percent)
State Upper Limit: 76,691,620 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 62,720,111 (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