taxes Property Tax Assistance

2016 Confidence Interval Detail

123/Jefferson
123-908/Port Neches-Groves ISD

Category Summary

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

Stratum
Variance
A 263,141,271 0.9970 263,933,070 64 3,326 .003407110
A 272,538,900 1.0003 272,457,163 52 2,307 .002664380
A 290,227,130 0.9687 299,604,759 60 1,743 .002228440
A 285,870,645 0.9807 291,496,528 42 1,042 .001963440
F1 21,415,000 0.9005 23,781,233 10 204 .128107985
F1 21,121,350 0.9460 22,327,008 9 82 .026287423
F1 21,329,730 1.1293 18,887,568 8 37 .121867554
F1 19,999,820 0.9804 20,399,653 5 10 .014676168
Random Totals: 1,195,643,846   1,212,886,982 250 8,751  
Catg D1 Exception Values: 41,580   26,511      
Total Test Values (4): 1,195,685,426   1,212,913,493      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 60,645,674

Confidence Interval Values (5)

State Lower Limit: 1,152,267,819 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,195,685,426 (Within Confidence Interval)
State Upper Limit: 1,273,559,167 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 2,461,660,924 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories