taxes Property Tax Assistance

2024 Confidence Interval Detail

Jim Wells County
125-903/Orange Grove 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 18,580,906 0.8029 23,142,242 14 245 0.067832228
A 3 18,801,495 0.8805 21,353,203 15 128 0.033327020
A 4 21,855,777 0.8657 25,246,364 14 106 0.012452539
A 5 25,297,767 0.8933 28,319,453 16 67 0.033153160
E 0 389,175,616 0.8015 485,559,097 45 4,753 0.081395608
Random Totals: 473,711,561 583,620,359 104 5,299
CATG D1 EXCEPTION VALUES: 17,719,664 16,140,951
CATG J EXCEPTION VALUES: 107,357,687 105,376,289
Total Test Values 598,788,912 705,137,599

Margin of Error

Margin of Error Percent: 5.8061215
Margin of Error Value: 40,941,146

Confidence Interval Values(5)

Local Test Value: 598,788,912 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 664,196,453 (State Test Value minus Margin of Error Percent)
State Upper Limit: 746,078,745 (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