taxes Property Tax Assistance

2023 Confidence Interval Detail

Cherokee County
037-904/Jacksonville ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 210,824,257 0.9215 228,783,784 39 2,336 0.162492792
A 262,061,615 0.9512 275,506,324 34 1,534 0.034804683
A 288,421,285 1.0373 278,050,019 43 1,023 0.033833478
A 326,913,054 1.0387 314,732,891 18 568 0.026740131
E 573,731,859 0.8936 642,045,500 29 3,388 0.085410803
F1 51,634,420 1.0349 49,893,149 15 274 0.071929288
F1 60,337,087 1.0868 55,518,115 12 105 0.082837604
F1 57,257,008 1.0457 54,754,717 9 46 0.008970597
F1 70,873,974 1.0176 69,648,166 6 16 0.017740209
Random Totals: 1,902,054,559 1,968,932,665 205 9,290
CATG D1 EXCEPTION VALUES: 11,930,351 11,041,054
CATG J EXCEPTION VALUES: 26,626,100 27,831,014
Total Test Values 1,940,611,010 2,007,804,733

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 100,390,237

Confidence Interval Values(5)

Local Test Value: 1,940,611,010 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,907,414,496 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,108,194,970 (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