taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
119/Jack
119-902/Jacksboro ISD

Category Summary

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

Stratum
Variance
A 16,060,140 0.9151 17,550,148 16 529 .026852484
A 15,553,550 0.9030 17,224,308 10 248 .096568045
A 19,362,240 0.9990 19,381,622 9 208 .003963771
A 19,921,580 0.9618 20,712,809 10 133 .011423402
E 86,293,160 0.9365 92,144,325 18 1,332 .025287703
G1 50,443,500 0.9390 53,720,447 10 417 .227459474
G1 50,961,650 1.0550 48,304,882 9 95 .021506593
G1 50,784,309 1.0479 48,462,934 8 31 .022934358
G1 49,581,721 1.0685 46,403,108 4 6 .010423915
Random Totals: 358,961,850   363,904,583 94 2,999  
Catg J Exception Values: 1,844,590   1,979,554      
Catg D1 Exception Values: 19,821,360   28,524,356      
Total Test Values (4): 380,627,800   394,408,493      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,720,424

Confidence Interval Values (5)

State Lower Limit: 374,688,069 (State Test Value minus Margin of Error Percent)
Local Test Value: 380,627,800 (Within Confidence Interval)
State Upper Limit: 414,128,917 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,197,732,847 (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