taxes Property Tax Assistance

2023 Confidence Interval Detail

Johnson County
126-906/Keene ISD

Category Summary

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

Stratum
Variance
A 38,015,840 0.9119 41,688,606 12 286 0.072767175
A 23,862,921 0.9021 26,452,634 12 115 0.074737998
A 42,515,601 0.9941 42,767,932 12 169 0.034658110
A 124,455,200 1.0251 121,407,863 15 359 0.002731865
B 5,469,338 0.9351 5,848,934 8 33 0.033979180
B 6,836,332 1.0970 6,231,843 7 22 0.000075874
B 3,830,537 0.9949 3,850,173 5 10 0.000219110
B 5,796,298 0.9173 6,318,868 4 7 0.062132739
E 37,844,511 0.8026 47,152,393 20 326 0.123663097
F1 27,552,892 0.8217 33,531,571 11 49 0.056992767
L1 7,272,041 0.9545 7,618,691 6 14 0.005856371
Random Totals: 323,451,511 342,869,508 112 1,390
CATG D1 EXCEPTION VALUES: 92,115 53,057
CATG L1 EXCEPTION VALUES: 18,345,424 15,873,586
Total Test Values 341,889,050 358,796,151

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,939,808

Confidence Interval Values(5)

Local Test Value: 341,889,050 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 340,856,343 (State Test Value minus Margin of Error Percent)
State Upper Limit: 376,735,959 (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