taxes Property Tax Assistance

2023 Confidence Interval Detail

Jack County
119-903/Perrin-Whitt CISD

Category Summary

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

Stratum
Variance
A 2,118,400 0.9669 2,190,919 11 47 0.043905731
A 2,237,070 0.9343 2,394,381 10 30 0.127953698
A 2,755,860 0.9777 2,818,717 9 26 0.084787255
A 4,207,770 0.9441 4,456,911 7 24 0.087806312
E 79,866,360 0.9654 82,728,776 20 553 0.036068787
G1 5,212,600 1.0261 5,080,012 9 76 0.001927672
G1 6,197,300 1.0056 6,162,788 5 10 0.000108329
Random Totals: 102,595,360 105,832,504 71 766
CATG D1 EXCEPTION VALUES: 5,464,380 5,303,514
CATG G1 EXCEPTION VALUES: 8,411,360 8,472,008
CATG J EXCEPTION VALUES: 121,740 131,773
Total Test Values 116,592,840 119,739,799

Margin of Error

Margin of Error Percent: 5.8167835
Margin of Error Value: 6,965,005

Confidence Interval Values(5)

Local Test Value: 116,592,840 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 112,774,794 (State Test Value minus Margin of Error Percent)
State Upper Limit: 126,704,804 (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