taxes Property Tax Assistance

2017 Confidence Interval Detail

037/Cherokee
037-904/Jacksonville ISD

Category Summary

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

Stratum
Variance
A 115,557,494 0.9838 117,460,352 10 2,397 .025071046
A 128,412,460 0.9297 138,122,470 10 1,389 .043555766
A 126,346,120 0.9264 136,383,981 12 835 .032212036
A 131,535,610 0.9868 133,295,105 10 455 .013113089
E 244,202,656 0.9483 257,516,246 16 3,469 .075144985
F1 32,946,147 0.9751 33,787,455 11 302 .022838276
F1 32,827,300 0.9631 34,085,038 10 111 .017593222
F1 32,843,093 0.9043 36,318,802 8 49 .007259049
F1 32,591,580 0.8648 37,686,841 6 17 .063493037
L1 14,388,680 0.9688 14,852,064 10 208 .011213668
L1 16,601,600 1.0003 16,596,621 8 51 .002750699
L1 11,698,360 1.0001 11,697,190 6 12 .000355086
L1 15,499,540 0.9140 16,957,921 3 7 .008731521
Random Totals: 935,450,640   984,760,086 120 9,302  
Catg J Exception Values: 19,205,693   19,149,186      
Catg D1 Exception Values: 13,732,137   13,692,919      
Total Test Values (4): 968,388,470   1,017,602,191      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 50,880,109

Confidence Interval Values (5)

State Lower Limit: 966,722,082 (State Test Value minus Margin of Error Percent)
Local Test Value: 968,388,470 (Within Confidence Interval)
State Upper Limit: 1,068,482,300 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,033,402,418 (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, 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
(6) Includes local value of unstudied property categories and sub-categories