taxes Property Tax Assistance

2021 Confidence Interval Detail

Jack County
119-902/Jacksboro ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 18,302,210 0.6786 26,970,542 16 526 0.138850467
A 20,158,070 0.7887 25,558,603 15 269 0.054747878
A 19,128,000 0.8618 22,195,405 16 165 0.030558951
A 24,741,510 0.8387 29,499,833 18 128 0.050755031
E 113,770,550 0.8307 136,957,446 18 1,435 0.033102272
G1 12,015,910 0.9824 12,231,179 10 525 0.000359674
G1 11,959,570 0.9728 12,293,966 9 49 0.000518922
G1 13,493,461 0.9749 13,840,867 5 8 0.000094417
Random Totals: 233,569,281 279,547,841 107 3,105
CATG D1 EXCEPTION VALUES: 25,339,660 26,169,176
CATG G1 EXCEPTION VALUES: 10,227,720 10,516,735
CATG J EXCEPTION VALUES: 2,149,800 2,464,433
Total Test Values 271,286,461 318,698,185

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,934,909

Confidence Interval Values(5)

Local Test Value: 271,286,461 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 302,763,276 (State Test Value minus Margin of Error Percent)
State Upper Limit: 334,633,094 (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