taxes Property Tax Assistance

2020 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 10,471,336 1.0254 10,211,952 15 320 0.018899137
A 10,827,406 1.0813 10,013,323 17 196 0.020909733
A 10,844,535 0.9763 11,107,790 16 144 0.006529312
A 10,893,379 0.9735 11,189,912 15 88 0.012848143
E 25,282,206 0.8904 28,394,212 21 504 0.169583937
Random Totals: 68,318,862 70,917,189 84 1,252
CATG D1 EXCEPTION VALUES: 6,048,600 5,434,620
CATG J EXCEPTION VALUES: 7,213,340 6,348,248
Total Test Values 81,580,802 82,700,057

Margin of Error

Margin of Error Percent: 6.1872294
Margin of Error Value: 5,116,842

Confidence Interval Values(5)

Local Test Value: 81,580,802 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 77,583,215 (State Test Value minus Margin of Error Percent)
State Upper Limit: 87,816,899 (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