taxes Property Tax Assistance

2024 Confidence Interval Detail

Jim Wells County
125-905/Premont 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 10,908,249 0.5938 18,370,241 15 333 0.058919473
A 3 10,828,897 0.6277 17,251,708 15 194 0.078216077
A 4 11,051,076 0.6732 16,415,740 15 145 0.038216445
A 5 10,986,852 0.7937 13,842,575 13 87 0.023238567
E 0 38,070,968 0.8066 47,199,316 24 585 0.068059205
Random Totals: 81,846,042 113,079,580 82 1,344
CATG D1 EXCEPTION VALUES: 5,953,299 5,725,963
CATG J EXCEPTION VALUES: 30,570,180 30,159,584
Total Test Values 118,369,521 148,965,127

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,448,256

Confidence Interval Values(5)

Local Test Value: 118,369,521 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 141,516,871 (State Test Value minus Margin of Error Percent)
State Upper Limit: 156,413,383 (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