taxes Property Tax Assistance

2024 Confidence Interval Detail

Taylor County
221-911/Jim Ned CISD

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 2 106,979,641 0.9751 109,711,456 29 702 0.004256562
A 3 131,838,028 0.9817 134,295,638 28 437 0.002037664
A 4 130,639,775 1.0041 130,106,339 24 321 0.002223114
A 5 155,031,372 0.9851 157,376,279 18 263 0.004331689
E 0 400,109,912 0.9601 416,737,748 33 1,612 0.006691315
Random Totals: 924,598,728 948,227,460 132 3,335
CATG D1 EXCEPTION VALUES: 14,728,948 13,444,670
CATG J EXCEPTION VALUES: 39,131,545 41,206,323
Total Test Values 978,459,221 1,002,878,453

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 50,143,923

Confidence Interval Values(5)

Local Test Value: 978,459,221 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 952,734,530 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,053,022,376 (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