taxes Property Tax Assistance

2023 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 150,457,208 0.8212 183,216,279 10 1,548 0.158773708
A 185,517,448 0.9450 196,314,760 29 1,031 0.028978684
A 304,608,036 0.9842 309,498,106 37 1,194 0.024456873
A 487,354,334 1.0134 480,910,138 34 1,175 0.016502032
E 641,887,171 0.9462 678,384,243 24 3,314 0.035363263
F1 45,565,614 0.7593 60,010,028 9 176 0.095115056
F1 44,395,748 0.7674 57,852,161 10 73 0.063466125
F1 80,883,277 0.9213 87,792,551 8 69 0.033540258
F1 85,045,679 0.8991 94,589,789 6 24 0.037736134
G1 48,853,562 1.0827 45,121,975 10 175 0.015986647
G1 49,030,928 1.0015 48,957,492 10 95 0.002205493
G1 48,340,728 1.0394 46,508,301 9 63 0.011076791
G1 48,671,463 1.0212 47,661,049 9 42 0.003443296
Random Totals: 2,220,611,196 2,336,816,872 205 8,979
CATG D1 EXCEPTION VALUES: 5,889,281 3,958,189
Total Test Values 2,226,500,477 2,340,775,061

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 117,038,753

Confidence Interval Values(5)

Local Test Value: 2,226,500,477 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,223,736,308 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,457,813,814 (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