taxes Property Tax Assistance

2023 Confidence Interval Detail

Jim Wells County
125-905/Premont ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 10,910,805 0.7890 13,828,650 12 332 0.120308200
A 10,991,720 0.8944 12,289,490 12 197 0.082179018
A 10,810,466 0.8764 12,335,082 12 142 0.057535096
A 10,811,117 1.0639 10,161,779 12 86 0.027206433
E 29,655,260 0.7482 39,635,472 20 561 0.671195605
Random Totals: 73,179,368 88,250,473 68 1,318
CATG D1 EXCEPTION VALUES: 5,956,852 5,236,741
CATG J EXCEPTION VALUES: 34,128,680 33,269,684
Total Test Values 113,264,900 126,756,898

Margin of Error

Margin of Error Percent: 11.6223809
Margin of Error Value: 14,732,170

Confidence Interval Values(5)

Local Test Value: 113,264,900 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 112,024,728 (State Test Value minus Margin of Error Percent)
State Upper Limit: 141,489,068 (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