taxes Property Tax Assistance

2018 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 17,948,560 0.8688 20,659,024 12 542 .113219331
A 17,897,220 0.9518 18,803,551 12 255 .095318991
A 18,764,920 0.9083 20,659,386 11 179 .011901853
A 18,409,270 0.8897 20,691,548 11 107 .001968885
E 94,714,770 0.7953 119,093,135 22 2,042 .074997861
F1 5,189,490 0.7821 6,635,328 9 92 .136093575
F1 4,848,860 0.9250 5,242,011 8 34 .005804682
F1 6,027,230 0.9661 6,238,723 6 17 .011136293
F1 5,042,470 0.9832 5,128,631 3 4 .000897143
G1 13,929,840 1.0530 13,228,718 10 521 .006098525
G1 13,945,420 1.0178 13,701,533 9 104 .010802991
G1 14,128,840 1.0222 13,821,992 8 41 .003028484
G1 13,710,280 0.9987 13,728,127 6 14 .003895286
Random Totals: 244,557,170   277,631,707 127 3,952  
Catg J Exception Values: 283,218,410   350,226,716      
Catg D1 Exception Values: 24,576,760   23,825,330      
Total Test Values (4): 552,352,340   651,683,753      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 32,584,187

Confidence Interval Values (5)

Local Test Value: 552,352,340 (Outside Confidence Interval)
State Lower Limit: 619,099,566 (State Test Value minus Margin of Error Percent)
State Upper Limit: 684,267,940 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 700,332,296 (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