taxes Property Tax Assistance

2020 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 14,861,515 0.9653 15,395,747 16 338 0.006507601
A 17,508,800 0.9615 18,209,880 16 226 0.020149374
A 20,790,720 0.9519 21,841,286 16 190 0.004951576
A 31,201,420 0.9961 31,323,582 18 168 0.013962513
E 241,760,078 0.9767 247,527,468 20 1,647 0.028069210
F1 10,917,942 0.9533 11,452,787 10 105 0.017696076
F1 9,159,153 0.9231 9,922,168 8 25 0.019733346
F1 8,290,116 0.8455 9,804,986 6 9 0.020273055
F1 12,631,932 0.8250 15,311,433 3 4 0.042991065
Random Totals: 367,121,676 380,789,337 113 2,712
CATG D1 EXCEPTION VALUES: 33,735,585 34,610,361
CATG J EXCEPTION VALUES: 7,262,460 45,498,342
Total Test Values 408,119,721 460,898,040

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 23,044,902

Confidence Interval Values(5)

Local Test Value: 408,119,721 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 437,853,138 (State Test Value minus Margin of Error Percent)
State Upper Limit: 483,942,942 (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