taxes Property Tax Assistance

2018 Confidence Interval Detail

123/Jefferson
123-905/Nederland ISD

Category Summary

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

Stratum
Variance
A 292,714,648 0.9739 300,559,244 32 3,231 .023239986
A 306,993,930 0.9627 318,888,470 47 2,303 .011784783
A 299,934,050 0.9686 309,657,289 49 1,568 .010974467
A 292,921,680 0.9565 306,243,262 39 980 .006372600
B 96,239,740 0.9694 99,277,636 11 148 .025809272
F1 120,960,236 0.8437 143,368,776 7 455 .015416267
F1 121,448,520 0.8965 135,469,626 7 67 .022432353
L1 28,832,760 1.0129 28,465,554 9 437 .002661079
L1 32,802,700 1.0278 31,915,450 7 73 .021849800
L1 31,102,980 0.8887 34,998,290 7 23 .019322667
L1 67,150,070 0.9728 69,027,621 5 15 .013764798
Random Totals: 1,691,101,314   1,777,871,218 220 9,300  
Catg D1 Exception Values: 93,030   67,781      
Total Test Values (4): 1,691,194,344   1,777,938,999      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 88,896,949

Confidence Interval Values (5)

State Lower Limit: 1,689,042,050 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,691,194,344 (Within Confidence Interval)
State Upper Limit: 1,866,835,948 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 2,385,790,326 (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