taxes Property Tax Assistance

2019 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 10,820,885 0.9328 11,600,434 18 328 0.046751108
A 11,000,930 0.9685 11,358,730 16 197 0.042497288
A 10,774,101 1.0114 10,652,661 17 141 0.085447372
A 10,517,305 0.9988 10,529,941 15 84 0.036132078
E 24,827,498 0.9135 27,178,432 21 504 0.053194925
Random Totals: 67,940,719 71,320,198 87 1,254
CATG D1 EXCEPTION VALUES: 5,782,982 5,510,995
CATG J EXCEPTION VALUES: 12,706,710 12,274,255
Total Test Values(2) 86,430,411 89,105,448

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,455,272

Confidence Interval Values(5)

Local Test Value: 86,430,411 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 84,650,176 (State Test Value minus Margin of Error Percent)
State Upper Limit: 93,560,720 (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