taxes Property Tax Assistance

2021 Confidence Interval Detail

Johnson County
126-908/Venus ISD

Category Summary

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

Stratum
Variance
A 87,569,561 0.7067 123,913,345 11 1,271 0.100096347
A 82,771,801 0.9089 91,068,105 15 584 0.019567636
A 109,612,269 0.9686 113,165,671 62 550 0.005963264
A 158,235,133 1.1029 143,471,877 65 580 0.015394668
E 85,840,719 0.9070 94,642,469 19 661 0.066682847
Random Totals: 524,029,483 566,261,467 172 3,646
CATG D1 EXCEPTION VALUES: 3,022,149 2,417,999
Total Test Values 527,051,632 568,679,466

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 28,433,973

Confidence Interval Values(5)

Local Test Value: 527,051,632 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 540,245,493 (State Test Value minus Margin of Error Percent)
State Upper Limit: 597,113,439 (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