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 0.6135 4,240,570 13 88 0.045422418
A 3 2,544,665 0.6822 3,730,086 14 40 0.009652330
A 4 2,334,657 0.6844 3,411,246 14 22 0.028969654
A 5 2,485,450 0.7334 3,388,942 11 15 0.059162552
E 0 86,693,165 0.7989 108,515,665 23 1,194 0.131169509
Random Totals: 96,659,527 123,286,509 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 108,846,403 135,541,596

Margin of Error

Margin of Error Percent: 11.9224338
Margin of Error Value: 16,159,857

Confidence Interval Values(5)

Local Test Value: 108,846,403 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 119,381,739 (State Test Value minus Margin of Error Percent)
State Upper Limit: 151,701,453 (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