taxes Property Tax Assistance

2016 Confidence Interval Detail

155/Marion
155-901/Jefferson ISD

Category Summary

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

Stratum
Variance
A 67,842,500 0.9533 71,165,950 10 1,654 .135239386
A 66,350,010 1.0133 65,479,137 10 790 .054938042
A 72,241,740 0.9018 80,108,383 10 544 .013311872
A 69,437,950 1.0203 68,056,405 10 295 .009287297
E 77,886,420 0.9886 78,784,564 16 1,677 .066763460
F1 11,134,450 0.8695 12,805,578 9 121 .029330417
F1 11,291,160 0.9556 11,815,781 8 51 .014793583
F1 12,421,360 0.9464 13,124,852 8 32 .001988527
F1 10,956,160 0.9292 11,790,960 6 11 .004862357
Random Totals: 399,561,750   413,131,610 87 5,175  
Catg J Exception Values: 91,405,200   80,623,242      
Catg D1 Exception Values: 41,911,960   44,266,976      
Total Test Values (4): 532,878,910   538,021,828      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 26,901,091

Confidence Interval Values (5)

State Lower Limit: 511,120,737 (State Test Value minus Margin of Error Percent)
Local Test Value: 532,878,910 (Within Confidence Interval)
State Upper Limit: 564,922,919 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 612,467,594 (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