taxes Property Tax Assistance

2019 Confidence Interval Detail

Johnson County
126-908/Venus ISD

Category Summary

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

Stratum
Variance
A 55,399,593 0.9217 60,105,884 15 1057 0.129296953
A 47,539,833 0.8575 55,440,038 15 487 0.027437901
A 72,810,369 0.9185 79,270,952 51 471 0.004215356
A 118,856,627 1.0375 114,560,604 49 537 0.034197819
E 52,601,390 0.9553 55,062,692 23 643 0.114073713
G1 4,428,180 0.9934 4,457,600 10 81 0.001673883
G1 4,314,535 1.0350 4,168,633 8 33 0.000256288
G1 4,666,804 1.0125 4,609,189 7 18 0.000300401
G1 4,043,276 1.0028 4,031,986 5 8 0.000283587
Random Totals: 364,660,607 381,707,578 183 3,335
CATG D1 EXCEPTION VALUES: 3,097,785 2,757,555
CATG J EXCEPTION VALUES: 19,344 23,649
Total Test Values(2) 367,777,736 384,488,782

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,224,439

Confidence Interval Values(5)

Local Test Value: 367,777,736 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 365,264,343 (State Test Value minus Margin of Error Percent)
State Upper Limit: 403,713,221 (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