taxes Property Tax Assistance

2023 Confidence Interval Detail

Jim Wells County
125-901/Alice ISD

Category Summary

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

Stratum
Variance
A 93,051,100 0.4826 192,812,060 15 2,134 0.213322991
A 118,347,951 0.5781 204,718,822 16 1,488 0.079278081
A 115,239,798 0.7545 152,736,644 15 887 0.035263280
A 149,344,530 0.7524 198,490,869 16 665 0.043170802
E 263,612,171 0.7190 366,637,234 20 3,287 0.065191752
F1 44,081,144 0.7491 58,845,473 12 358 0.137571169
F1 38,382,823 0.7868 48,783,456 13 97 0.154179037
F1 62,753,522 0.8258 75,991,187 12 68 0.076495088
F1 48,883,549 0.8590 56,907,508 7 14 0.040576077
L1 18,617,465 1.0518 17,700,575 10 320 0.006307334
L1 19,377,777 1.0397 18,637,854 9 81 0.006754994
L1 21,331,017 1.0036 21,254,501 8 32 0.001601852
L1 21,928,607 1.0247 21,400,985 4 9 0.001814993
Random Totals: 1,014,951,454 1,434,917,168 157 9,440
CATG D1 EXCEPTION VALUES: 27,985,994 23,680,535
CATG J EXCEPTION VALUES: 53,681,030 54,449,685
Total Test Values 1,096,618,478 1,513,047,388

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 75,652,369

Confidence Interval Values(5)

Local Test Value: 1,096,618,478 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,437,395,019 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,588,699,757 (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