taxes Property Tax Assistance

2016 Confidence Interval Detail

123/Jefferson
100-905/Hardin-Jefferson ISD

Category Summary

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

Stratum
Variance
A 46,335,972 0.8281 55,954,561 11 772 .049503582
A 47,588,030 0.9781 48,653,543 10 359 .000315995
A 58,110,530 0.9656 60,180,748 16 253 .003307295
A 52,573,890 0.9935 52,917,856 9 130 .005784225
E 53,885,627 0.9793 55,024,637 14 374 .031506724
G1 10,445,903 1.0640 9,817,578 6 14 .416131745
Random Totals: 268,939,952   282,548,923 66 1,902  
Catg J Exception Values: 6,396,453   6,429,406      
Catg D1 Exception Values: 13,372,555   12,397,612      
Catg G1 Exception Values: 26,562,909   26,708,774      
Total Test Values (4): 315,271,869   328,084,715      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,404,235

Confidence Interval Values (5)

State Lower Limit: 311,680,480 (State Test Value minus Margin of Error Percent)
Local Test Value: 315,271,869 (Within Confidence Interval)
State Upper Limit: 344,488,950 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 405,751,417 (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