taxes Property Tax Assistance

2021 Confidence Interval Detail

Johnson County
126-905/Joshua ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 329,269,473 0.9440 348,802,408 42 2,549 0.029001034
A 333,258,477 0.9734 342,365,397 64 1,587 0.008805385
A 378,955,652 0.9966 380,248,497 64 1,347 0.003992455
A 500,413,639 1.0539 474,820,798 64 1,140 0.010122048
E 496,479,840 1.0470 474,192,779 47 2,886 0.062394234
Random Totals: 2,038,377,081 2,020,429,879 281 9,509
CATG D1 EXCEPTION VALUES: 3,601,495 2,349,909
Total Test Values 2,041,978,576 2,022,779,788

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 101,138,989

Confidence Interval Values(5)

Local Test Value: 2,041,978,576 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,921,640,799 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,123,918,777 (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