taxes Property Tax Assistance

2024 Confidence Interval Detail

Jim Wells County
125-901/Alice ISD

Category Summary

(1)
Category 		(1)
Stratum
Number 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 2 124,477,692 0.8554 145,519,864 13 2,486 0.175221387
A 3 134,294,770 0.9041 148,539,730 18 1,489 0.126273219
A 4 130,994,362 0.8289 158,033,975 15 902 0.074556361
A 5 143,313,862 0.9491 150,999,749 19 580 0.046833904
E 0 307,615,478 0.8823 348,651,794 19 3,716 0.088502041
F1 2 51,165,259 0.6419 79,709,081 13 356 0.214685194
F1 3 47,500,274 0.7080 67,090,782 12 97 0.241755065
F1 4 53,815,432 0.9325 57,710,919 13 50 0.082835488
F1 5 47,548,094 0.7778 61,131,517 8 13 0.055169074
L1 2 26,387,192 1.2227 21,581,084 12 303 0.044699949
L1 3 29,040,804 1.0249 28,335,256 9 68 0.002400409
L1 4 23,005,115 0.9928 23,171,953 7 12 0.007135710
Random Totals: 1,119,158,334 1,290,475,704 158 10,072
CATG D1 EXCEPTION VALUES: 25,772,544 24,249,694
CATG J EXCEPTION VALUES: 77,307,207 79,750,459
CATG L1 EXCEPTION VALUES: 15,885,599 15,980,715
Total Test Values 1,238,123,684 1,410,456,572

Margin of Error

Margin of Error Percent: 5.1711328
Margin of Error Value: 72,936,582

Confidence Interval Values(5)

Local Test Value: 1,238,123,684 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,337,519,990 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,483,393,154 (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