taxes Property Tax Assistance

2022 Confidence Interval Detail

Johnson County
126-908/Venus ISD

Category Summary

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

Stratum
Variance
A 89,264,396 0.8256 108,120,635 15 1,042 0.065293336
A 116,616,122 0.9575 121,792,295 15 696 0.081175320
A 122,297,018 0.9590 127,525,566 18 543 0.019920627
A 321,981,307 1.0444 308,293,094 67 1,037 0.015238617
E 122,642,684 0.9445 129,849,321 20 667 0.078922755
Random Totals: 772,801,527 795,580,911 135 3,985
CATG D1 EXCEPTION VALUES: 2,542,510 2,235,065
Total Test Values 775,344,037 797,815,976

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 39,890,799

Confidence Interval Values(5)

Local Test Value: 775,344,037 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 757,925,177 (State Test Value minus Margin of Error Percent)
State Upper Limit: 837,706,775 (State Test Value plus Margin of Error Percent)

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