taxes Property Tax Assistance

2017 Confidence Interval Detail

120/Jackson
120-905/Industrial ISD

Category Summary

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

Stratum
Variance
A 9,895,954 0.7318 13,522,758 15 261 .072691036
A 10,531,966 1.0225 10,300,211 15 131 .042144746
A 12,175,624 1.0200 11,936,886 15 102 .042375250
A 19,389,150 0.9906 19,573,137 15 90 .037861329
E 34,539,270 1.0309 33,503,997 20 447 .061960261
G1 2,915,424 1.0076 2,893,434 6 18 .044126320
G1 2,786,977 0.9763 2,854,632 3 5 .089909234
Random Totals: 92,234,365   94,585,055 89 1,054  
Catg J Exception Values: 40,007,329   33,508,438      
Catg D1 Exception Values: 25,985,830   23,071,066      
Catg G1 Exception Values: 8,935,100   8,781,434      
Total Test Values (4): 167,162,624   159,945,993      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,997,299

Confidence Interval Values (5)

State Lower Limit: 151,948,694 (State Test Value minus Margin of Error Percent)
Local Test Value: 167,162,624 (Within Confidence Interval)
State Upper Limit: 167,943,292 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 630,498,739 (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, D2, E, 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