taxes Property Tax Assistance

2017 Confidence Interval Detail

119/Jack
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 17,512,260 0.8572 20,429,608 10 539 .020894124
A 17,571,890 0.9494 18,508,416 10 258 .016722816
A 16,667,700 1.0479 15,905,812 9 167 .007468726
A 21,376,250 0.8997 23,759,309 9 131 .012955162
E 92,651,350 0.8970 103,290,245 20 2,015 .029549012
G1 13,124,640 0.9350 14,037,048 15 657 .030776836
G1 13,065,370 1.0203 12,805,420 13 123 .009561985
G1 13,456,240 0.9505 14,157,012 11 42 .039525237
G1 12,607,111 1.0227 12,327,282 7 14 .000719426
Random Totals: 218,032,811   235,220,152 104 3,946  
Catg J Exception Values: 2,109,930   1,997,203      
Catg D1 Exception Values: 22,226,470   26,050,431      
Total Test Values (4): 242,369,211   263,267,786      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,163,389

Confidence Interval Values (5)

Local Test Value: 242,369,211 (Outside Confidence Interval)
State Lower Limit: 250,104,397 (State Test Value minus Margin of Error Percent)
State Upper Limit: 276,431,175 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 764,278,724 (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