taxes Property Tax Assistance

2023 Confidence Interval Detail

Johnson County
126-903/Cleburne ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 392,949,755 0.8823 445,369,778 31 3,057 0.045848214
A 386,475,651 0.9591 402,956,575 43 1,952 0.021965957
A 516,361,491 1.0277 502,443,798 48 1,993 0.013875886
A 1,047,441,534 1.0380 1,009,095,890 50 2,759 0.010714172
E 632,457,257 1.0754 588,113,499 31 3,193 0.081462102
F1 87,783,285 0.7768 113,006,289 10 395 0.184812897
F1 132,730,347 0.7988 166,162,177 10 230 0.214293611
F1 110,658,451 0.7814 141,615,627 9 80 0.058811350
F1 118,132,889 0.7616 155,111,461 8 33 0.080333837
L1 45,468,388 1.0219 44,493,970 10 395 0.004897688
L1 45,000,700 0.9814 45,853,577 10 80 0.013723455
L1 43,411,143 1.0000 43,411,143 8 27 0.002403354
L1 50,695,139 0.9646 52,555,608 6 11 0.005616164
Random Totals: 3,609,566,030 3,710,189,392 274 14,205
CATG D1 EXCEPTION VALUES: 11,785,744 8,261,070
CATG J EXCEPTION VALUES: 7,383,516 7,678,843
Total Test Values 3,628,735,290 3,726,129,305

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 186,306,465

Confidence Interval Values(5)

Local Test Value: 3,628,735,290 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,539,822,840 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,912,435,770 (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