taxes Property Tax Assistance

2020 Confidence Interval Detail

Bosque County
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 7,265,451 0.7831 9,277,807 15 134 0.059063622
A 7,808,271 0.8529 9,154,967 15 70 0.037530596
A 8,058,392 1.0282 7,837,378 15 45 0.062909205
A 9,937,619 0.9423 10,546,131 10 29 0.030080252
E 28,648,996 0.8183 35,010,383 19 237 0.075031690
Random Totals: 61,718,729 71,826,666 74 515
CATG D1 EXCEPTION VALUES: 2,988,081 2,766,864
CATG J EXCEPTION VALUES: 7,632,300 8,215,391
Total Test Values 72,339,110 82,808,921

Margin of Error

Margin of Error Percent: 5.5507644
Margin of Error Value: 4,596,528

Confidence Interval Values(5)

Local Test Value: 72,339,110 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 78,212,393 (State Test Value minus Margin of Error Percent)
State Upper Limit: 87,405,449 (State Test Value plus Margin of Error Percent)

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