taxes Property Tax Assistance

2024 Confidence Interval Detail

Jim Wells County
125-906/La Gloria 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
E 0 22,457,254 0.9168 24,495,260 22 370 0.118004234
G1 2 91,611 1.0059 91,074 6 13 0.000048345
Random Totals: 22,548,865 24,586,334 28 383
CATG D1 EXCEPTION VALUES: 1,924,449 1,845,260
CATG G1 EXCEPTION VALUES: 90,453 88,614
CATG J EXCEPTION VALUES: 6,924,190 7,120,365
Total Test Values 31,487,957 33,640,573

Margin of Error

Margin of Error Percent: 10.6281986
Margin of Error Value: 3,575,387

Confidence Interval Values(5)

Local Test Value: 31,487,957 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 30,065,186 (State Test Value minus Margin of Error Percent)
State Upper Limit: 37,215,960 (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