taxes Property Tax Assistance

2023 Confidence Interval Detail

Jack County
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 14,744,330 0.9059 16,275,891 10 323 0.140191293
A 28,681,350 1.0554 27,175,810 10 337 0.104895385
A 44,632,090 0.8912 50,080,891 10 335 0.033601281
A 94,177,970 0.9255 101,759,017 10 387 0.009421636
E 234,332,950 1.0318 227,110,826 20 1,493 0.057624218
G1 26,366,830 1.0014 26,329,968 10 251 0.001130251
G1 26,206,240 1.0058 26,055,120 8 38 0.000298119
G1 31,741,521 0.9864 32,179,158 5 8 0.000406564
Random Totals: 500,883,281 506,966,681 83 3,172
CATG D1 EXCEPTION VALUES: 25,283,270 23,968,848
CATG G1 EXCEPTION VALUES: 20,213,380 20,281,222
CATG J EXCEPTION VALUES: 2,050,510 2,170,582
Total Test Values 548,430,441 553,387,333

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 27,669,367

Confidence Interval Values(5)

Local Test Value: 548,430,441 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 525,717,966 (State Test Value minus Margin of Error Percent)
State Upper Limit: 581,056,700 (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