taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
124/Jim Hogg
124-901/Jim Hogg ISD

Category Summary

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

Stratum
Variance
A 20,176,550 0.7553 26,713,293 16 767 .025229420
A 20,458,690 0.7337 27,884,272 15 385 .058760524
A 20,919,770 0.7489 27,933,997 16 212 .017151313
A 21,140,460 0.8613 24,544,828 15 116 .029646507
F1 4,614,030 0.9279 4,972,551 15 92 .018600715
F1 4,666,700 0.9146 5,102,449 14 29 .013546563
F1 4,564,060 0.9609 4,749,776 8 11 .004950540
G1 13,425,080 1.0451 12,845,737 13 76 .010445907
G1 14,053,400 1.0021 14,023,950 10 26 .012144987
G1 13,503,060 0.9918 13,614,701 7 12 .007669659
G1 12,273,851 1.0409 11,791,576 5 7 .020442586
Random Totals: 149,795,651   174,177,130 134 1,733  
Catg J Exception Values: 31,652,820   32,910,582      
Catg D1 Exception Values: 47,213,930   60,056,065      
Catg F1 Exception Values: 3,899,190   4,062,144      
Total Test Values (4): 232,561,591   271,205,921      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,560,296

Confidence Interval Values (5)

Local Test Value: 232,561,591 (Outside Confidence Interval)
State Lower Limit: 257,645,625 (State Test Value minus Margin of Error Percent)
State Upper Limit: 284,766,217 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 360,195,708 (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