taxes Property Tax Assistance

2018 Confidence Interval Detail

097/Hamilton
050-909/Jonesboro ISD

Category Summary

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

Stratum
Variance
A 805,690 0.8498 948,094 7 16 .029613232
A 878,720 0.8608 1,020,818 6 14 .012367827
A 891,310 1.0003 891,043 5 10 .032595652
A 751,430 1.0532 713,473 4 5 .009300462
D2 3,741,240 1.0361 3,610,887 15 74 .039994884
E 12,699,770 1.0769 11,792,896 19 140 .031997031
Random Totals: 19,768,160   18,977,211 56 259  
Catg J Exception Values: 1,237,702   1,323,464      
Catg D1 Exception Values: 3,572,500   3,117,673      
Total Test Values (4): 24,578,362   23,418,348      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,170,917

Confidence Interval Values (5)

State Lower Limit: 22,247,431 (State Test Value minus Margin of Error Percent)
Local Test Value: 24,578,362 (Within Confidence Interval)
State Upper Limit: 24,589,265 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 25,676,812 (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