taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
037/Cherokee
037-904/Jacksonville ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 118,047,370 0.9479 124,535,679 10 2,572 .027055688
A 107,148,230 1.0101 106,076,854 14 1,225 .024876576
A 114,922,704 1.0013 114,773,498 11 806 .003894177
A 122,427,160 0.9494 128,952,138 11 453 .007552756
E 220,032,098 1.0309 213,436,898 13 3,335 .050376344
F1 31,578,815 0.9409 33,562,350 10 306 .036044493
F1 33,151,150 0.9136 36,286,285 10 113 .007848068
F1 29,380,630 0.9726 30,208,338 8 43 .032116975
F1 33,265,790 0.9305 35,750,446 6 18 .014294907
L1 16,469,750 0.8749 18,824,723 11 245 .074440846
L1 11,656,770 1.0478 11,124,995 8 39 .043223940
L1 18,936,830 0.9068 20,883,139 6 21 .021402708
L1 14,663,770 0.9932 14,764,166 3 4 .000961228
Random Totals: 871,681,067   889,179,509 121 9,180  
Catg J Exception Values: 17,640,871   18,787,520      
Catg D1 Exception Values: 12,445,149   13,445,303      
Total Test Values (4): 901,767,087   921,412,332      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 46,070,616

Confidence Interval Values (5)

State Lower Limit: 875,341,716 (State Test Value minus Margin of Error Percent)
Local Test Value: 901,767,087 (Within Confidence Interval)
State Upper Limit: 967,482,948 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 990,785,817 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories