taxes Property Tax Assistance

2023 Confidence Interval Detail

Cherokee County
212-902/Bullard ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 117,004,690 0.9953 117,557,209 35 671 0.014143053
A 102,150,030 0.9711 105,190,022 18 284 0.011080532
A 177,628,910 1.0421 170,452,845 18 344 0.010993573
A 156,865,320 1.0642 147,402,105 16 172 0.014490257
E 166,228,100 1.0000 166,228,100 18 570 0.139696868
Random Totals: 719,877,050 706,830,281 105 2,041
CATG D1 EXCEPTION VALUES: 2,048,270 1,867,786
Total Test Values 721,925,320 708,698,067

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 35,434,903

Confidence Interval Values(5)

Local Test Value: 721,925,320 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 673,263,164 (State Test Value minus Margin of Error Percent)
State Upper Limit: 744,132,970 (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