taxes Property Tax Assistance

2024 Confidence Interval Detail

Jeff Davis County
122-902/Valentine 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 4,943,546 1.2005 4,117,906 14 102 0.129218226
A 3 2,456,730 0.9559 2,570,070 12 20 0.080405217
A 4 2,211,020 0.9623 2,297,641 9 12 0.004189452
A 5 2,628,090 1.1143 2,358,512 5 7 0.035628980
C1 2 1,996,200 1.3095 1,524,399 14 762 0.000000401
C1 4 1,043,050 1.2085 863,095 12 288 0.014621345
C1 5 9,645,740 1.0349 9,320,456 13 301 0.068062687
E 0 20,016,440 0.8512 23,515,555 19 283 0.015265077
Random Totals: 44,940,816 46,567,634 98 1,775
CATG C1 EXCEPTION VALUES: 34,390 27,776
CATG D1 EXCEPTION VALUES: 8,038,590 5,833,817
CATG J EXCEPTION VALUES: 28,809,653 30,226,869
Total Test Values 81,823,449 82,656,096

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,132,805

Confidence Interval Values(5)

Local Test Value: 81,823,449 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 78,523,291 (State Test Value minus Margin of Error Percent)
State Upper Limit: 86,788,901 (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