taxes Property Tax Assistance

2020 Confidence Interval Detail

Cherokee County
037-904/Jacksonville ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 139,088,137 0.8858 157,019,798 27 2,421 0.126188714
A 161,993,339 1.0245 158,119,413 45 1,507 0.044970935
A 173,876,760 1.0162 171,104,861 27 985 0.025297323
A 205,947,720 0.9587 214,819,777 24 586 0.045939643
E 329,881,011 0.9807 336,373,010 50 3,391 0.050645991
F1 41,380,465 0.9436 43,853,820 21 303 0.036555617
F1 45,671,080 0.9146 49,935,578 16 115 0.007378910
F1 38,716,110 0.9660 40,078,789 15 40 0.014472201
F1 53,170,125 0.9367 56,763,238 6 14 0.007066675
L1 19,099,940 0.9204 20,751,782 10 207 0.014210455
L1 15,160,240 0.9827 15,427,129 11 36 0.007957083
L1 18,345,590 1.0703 17,140,605 6 17 0.018408920
Random Totals: 1,242,330,517 1,281,387,800 258 9,622
CATG D1 EXCEPTION VALUES: 14,475,695 13,309,962
CATG J EXCEPTION VALUES: 59,669,250 70,122,510
CATG L1 EXCEPTION VALUES: 14,883,520 15,154,617
Total Test Values 1,331,358,982 1,379,974,889

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 68,998,744

Confidence Interval Values(5)

Local Test Value: 1,331,358,982 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,310,976,145 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,448,973,633 (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