taxes Property Tax Assistance

2020 Confidence Interval Detail

Bosque County
018-904/Valley Mills ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 8,810,528 0.7604 11,586,702 15 150 0.058973741
A 11,812,612 0.8865 13,324,999 15 131 0.060473380
A 12,183,634 0.9255 13,164,380 15 92 0.081911725
A 15,864,985 0.9246 17,158,755 13 76 0.038661533
E 80,177,639 0.9005 89,036,801 20 724 0.332483123
L1 6,075,099 1.0542 5,762,758 11 42 0.027726819
Random Totals: 134,924,497 150,034,395 89 1,215
CATG D1 EXCEPTION VALUES: 7,253,961 6,597,456
CATG J EXCEPTION VALUES: 9,041,780 11,520,235
CATG L1 EXCEPTION VALUES: 1,859,063 1,859,063
Total Test Values 153,079,301 170,011,149

Margin of Error

Margin of Error Percent: 13.3550499
Margin of Error Value: 22,705,074

Confidence Interval Values(5)

Local Test Value: 153,079,301 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 147,306,075 (State Test Value minus Margin of Error Percent)
State Upper Limit: 192,716,223 (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