taxes Property Tax Assistance

2019 Confidence Interval Detail

Hamilton County
097-903/Hico ISD

Category Summary

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

Stratum
Variance
A 9,683,149 1.0093 9,593,925 15 203 0.081187225
A 8,761,410 1.0610 8,257,691 15 114 0.042194228
A 13,725,890 0.9937 13,812,911 15 133 0.025353190
A 18,561,030 0.9314 19,928,097 15 111 0.023565414
D2 5,769,850 0.9853 5,855,932 15 255 0.078941646
E 58,720,230 0.9099 64,534,817 20 577 0.084330620
F1 3,480,450 0.8720 3,991,342 10 50 0.035374737
F1 3,384,140 0.9275 3,648,668 7 23 0.031190114
F1 3,992,131 0.9683 4,122,825 8 14 0.019027090
F1 4,537,360 1.0122 4,482,671 5 8 0.031807091
Random Totals: 130,615,640 138,228,879 125 1,488
CATG D1 EXCEPTION VALUES: 6,014,629 5,061,667
Total Test Values(1) 136,630,269 143,290,546

Margin of Error

Margin of Error Percent: 5.9795867
Margin of Error Value: 8,568,182

Confidence Interval Values(5)

Local Test Value: 136,630,269 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 134,722,364 (State Test Value minus Margin of Error Percent)
State Upper Limit: 151,858,728 (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