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 0.5665 19,255,515 15 333 0.068118228
A 3 10,828,897 0.5735 18,882,122 15 194 0.078863505
A 4 11,051,076 0.6396 17,278,105 15 145 0.039337845
A 5 10,986,852 0.7371 14,905,511 13 87 0.040931994
E 0 38,070,968 0.7109 53,553,197 25 585 0.088522685
Random Totals: 81,846,042 123,874,450 83 1,344
CATG D1 EXCEPTION VALUES: 5,953,299 5,725,963
CATG J EXCEPTION VALUES: 30,570,180 31,400,336
Total Test Values 118,369,521 161,000,749

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,050,037

Confidence Interval Values(5)

Local Test Value: 118,369,521 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 152,950,712 (State Test Value minus Margin of Error Percent)
State Upper Limit: 169,050,786 (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