taxes Property Tax Assistance

2024 Confidence Interval Detail

Jim Wells County
125-902/Ben Bolt-Palito Blanco 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 2,601,590 0.6154 4,227,478 13 88 0.044916153
A 3 2,544,665 0.7207 3,530,824 14 40 0.016387928
A 4 2,334,657 0.7750 3,012,461 14 22 0.018736636
A 5 2,485,450 0.8194 3,033,256 11 15 0.052350295
E 0 86,693,165 0.8459 102,486,305 23 1,194 0.096568401
Random Totals: 96,659,527 116,290,324 75 1,359
CATG D1 EXCEPTION VALUES: 8,408,456 8,277,746
CATG J EXCEPTION VALUES: 3,778,420 3,977,341
Total Test Values 108,846,403 128,545,411

Margin of Error

Margin of Error Percent: 10.1904108
Margin of Error Value: 13,099,305

Confidence Interval Values(5)

Local Test Value: 108,846,403 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 115,446,106 (State Test Value minus Margin of Error Percent)
State Upper Limit: 141,644,716 (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