taxes Property Tax Assistance

2021 Confidence Interval Detail

Johnson County
126-901/Alvarado ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 123,189,207 0.8826 139,575,354 16 1,729 0.100521291
A 140,579,376 0.9708 144,807,763 40 1,006 0.015693063
A 195,163,851 1.0071 193,787,957 62 974 0.006288145
A 222,689,273 1.0247 217,321,434 62 668 0.007956823
E 524,651,101 1.0163 516,236,447 46 3,359 0.040700080
F1 37,771,657 0.9225 40,944,886 10 170 0.025967045
F1 38,986,732 0.8427 46,264,070 11 74 0.090992097
F1 50,277,600 0.9121 55,122,903 8 46 0.016411898
F1 29,627,172 0.8259 35,872,590 6 12 0.093212551
G1 24,854,612 1.0438 23,811,661 10 191 0.121797253
G1 24,881,199 0.9813 25,355,344 9 80 0.001075865
G1 24,618,907 1.0621 23,179,462 9 51 0.017344852
G1 24,719,704 0.9774 25,291,287 8 34 0.001711784
L1 21,671,671 1.0407 20,824,129 11 209 0.005251128
L1 17,923,570 1.0222 17,534,308 9 35 0.005448606
L1 25,522,537 1.0689 23,877,385 6 17 0.016914724
L1 24,494,157 1.0721 22,846,896 5 7 0.010751306
Random Totals: 1,551,622,326 1,572,653,876 328 8,662
CATG D1 EXCEPTION VALUES: 6,251,365 4,407,824
Total Test Values 1,557,873,691 1,577,061,700

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 78,853,085

Confidence Interval Values(5)

Local Test Value: 1,557,873,691 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,498,208,615 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,655,914,785 (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