taxes Property Tax Assistance

2024 Confidence Interval Detail

Jones County
221-904/Merkel 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 62,215,640 0.8226 75,632,920 23 457 0.406419684
G1 2 4,244,010 1.0092 4,205,321 8 26 0.000452956
Random Totals: 66,459,650 79,838,241 31 483
CATG D1 EXCEPTION VALUES: 1,561,780 3,896,221
CATG J EXCEPTION VALUES: 655,090 690,263
Total Test Values 68,676,520 84,424,725

Margin of Error

Margin of Error Percent: 23.7335586
Margin of Error Value: 20,036,992

Confidence Interval Values(5)

Local Test Value: 68,676,520 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 64,387,733 (State Test Value minus Margin of Error Percent)
State Upper Limit: 104,461,717 (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