taxes Property Tax Assistance

2023 Confidence Interval Detail

Johnson County
126-905/Joshua ISD

Category Summary

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

Stratum
Variance
A 410,521,807 0.8962 458,069,412 23 2,374 0.041949796
A 417,152,682 0.9770 426,973,062 37 1,501 0.023956807
A 582,627,563 1.0081 577,946,199 49 1,611 0.009092804
A 959,280,061 0.9675 991,503,939 49 1,826 0.014208397
E 609,005,530 0.9368 650,091,300 16 2,722 0.124658107
Random Totals: 2,978,587,643 3,104,583,912 174 10,034
CATG D1 EXCEPTION VALUES: 3,365,971 2,100,541
Total Test Values 2,981,953,614 3,106,684,453

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 155,334,223

Confidence Interval Values(5)

Local Test Value: 2,981,953,614 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,951,350,230 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,262,018,676 (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