taxes Property Tax Assistance

2018 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 68,130,710 0.7348 92,720,073 19 1,664 .110077480
A 65,193,310 0.8440 77,243,258 15 760 .116536408
A 67,782,720 0.9034 75,030,684 20 499 .030443257
A 67,359,200 0.9070 74,265,932 13 279 .053967774
E 78,990,490 0.8412 93,902,152 20 1,610 .141756854
F1 10,948,220 0.8489 12,896,949 10 125 .136134633
F1 9,999,590 0.9310 10,740,698 9 48 .024844553
F1 11,399,740 0.8656 13,169,755 7 29 .246500888
F1 9,699,030 0.8247 11,760,677 5 10 .002016201
G1 3,438,710 1.0225 3,363,042 8 40 .005453752
G1 3,910,450 0.9957 3,927,338 5 11 .000751692
G1 6,352,530 0.9700 6,549,000 3 4 .001731508
Random Totals: 403,204,700   475,569,558 134 5,079  
Catg J Exception Values: 87,963,610   90,707,235      
Catg D1 Exception Values: 41,783,980   46,602,305      
Catg G1 Exception Values: 16,650,510   16,407,908      
Total Test Values (4): 549,602,800   629,287,006      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 31,464,350

Confidence Interval Values (5)

Local Test Value: 549,602,800 (Outside Confidence Interval)
State Lower Limit: 597,822,656 (State Test Value minus Margin of Error Percent)
State Upper Limit: 660,751,356 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 619,053,650 (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