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 0.6255 29,260,128 16 526 0.102166779
A 20,158,070 0.7595 26,541,238 16 269 0.046570180
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 0.8077 140,857,435 20 1,435 0.042509305
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: 233,569,281 286,720,051 110 3,105
CATG D1 EXCEPTION VALUES: 25,314,882 26,133,668
CATG G1 EXCEPTION VALUES: 10,227,720 10,516,735
CATG J EXCEPTION VALUES: 2,149,800 2,637,972
Total Test Values 271,261,683 326,008,426

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,300,421

Confidence Interval Values(5)

Local Test Value: 271,261,683 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 309,708,005 (State Test Value minus Margin of Error Percent)
State Upper Limit: 342,308,847 (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