taxes Property Tax Assistance

2024 Confidence Interval Detail

Jefferson County
123-905/Nederland 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 2 401,139,730 1.0403 385,600,048 32 2,750 0.029952659
A 3 529,252,978 1.0272 515,238,491 29 2,611 0.012171636
A 4 550,334,366 1.0051 547,541,902 31 2,003 0.015446805
A 5 554,559,026 1.0242 541,455,796 25 1,364 0.019411185
B 2 40,431,935 0.9901 40,836,214 10 150 0.002536958
B 3 37,584,982 0.9698 38,755,395 7 22 0.008337407
B 5 78,456,265 1.2074 64,979,514 2 5 0.001328046
F1 2 127,407,558 0.9642 132,138,102 11 356 0.010526023
F1 3 132,509,174 0.9809 135,089,381 10 134 0.004566215
F1 4 140,457,355 0.9782 143,587,564 9 58 0.016036374
F1 5 116,782,794 0.9531 122,529,424 7 18 0.010279331
L1 2 53,404,857 0.9730 54,886,801 10 480 0.016109156
L1 3 51,018,281 0.9041 56,429,909 10 55 0.006079012
L1 4 44,018,459 1.0167 43,295,425 7 17 0.014910911
L1 5 55,000,611 0.9850 55,838,184 4 9 0.000977014
Random Totals: 2,912,358,371 2,878,202,150 204 10,032
CATG B EXCEPTION VALUES: 72,229,162 67,127,728
CATG D1 EXCEPTION VALUES: 118,546 76,764
Total Test Values 2,984,706,079 2,945,406,642

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 147,270,332

Confidence Interval Values(5)

Local Test Value: 2,984,706,079 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,798,136,310 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,092,676,974 (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