taxes Property Tax Assistance

2018 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 2,277,562 0.7289 3,124,656 7 58 .035847812
A 2,475,626 0.9649 2,565,681 7 38 .021248414
A 2,398,033 0.9651 2,484,751 7 25 .051771082
A 2,118,260 1.0588 2,000,623 6 13 .027727609
E 52,493,127 0.9526 55,105,109 19 530 .008124991
Random Totals: 61,762,608   65,280,820 46 664  
Catg J Exception Values: 2,453,820   2,492,024      
Catg D1 Exception Values: 6,528,471   6,462,666      
Total Test Values (4): 70,744,899   74,235,510      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,711,775

Confidence Interval Values (5)

State Lower Limit: 70,523,735 (State Test Value minus Margin of Error Percent)
Local Test Value: 70,744,899 (Within Confidence Interval)
State Upper Limit: 77,947,285 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 107,360,308 (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