taxes Property Tax Assistance

2023 Confidence Interval Detail

Kimble County
134-901/Junction ISD

Category Summary

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

Stratum
Variance
A 15,657,710 0.9429 16,605,907 11 266 0.006342380
A 20,305,491 0.9493 21,389,962 11 188 0.018672150
A 31,685,172 1.1012 28,773,313 10 201 0.009833632
A 77,671,030 1.0357 74,993,753 10 270 0.036702205
E 430,162,575 0.9452 455,102,174 20 1,679 0.047340388
F1 12,706,754 0.9716 13,078,174 12 109 0.001032995
F1 12,513,327 0.9802 12,766,096 10 33 0.000257214
F1 13,567,349 0.9731 13,942,400 8 14 0.000194752
F1 14,096,317 0.9500 14,838,228 2 4 0.000085143
Random Totals: 628,365,725 651,490,007 94 2,764
CATG D1 EXCEPTION VALUES: 36,424,396 38,747,984
CATG J EXCEPTION VALUES: 8,986,250 9,039,309
Total Test Values 673,776,371 699,277,300

Margin of Error

Margin of Error Percent: 6.3853073
Margin of Error Value: 44,651,004

Confidence Interval Values(5)

Local Test Value: 673,776,371 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 654,626,296 (State Test Value minus Margin of Error Percent)
State Upper Limit: 743,928,304 (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