taxes Property Tax Assistance

2022 Confidence Interval Detail

Hill County
109-903/Covington ISD

Category Summary

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

Stratum
Variance
A 6,043,070 0.7404 8,161,899 11 82 0.183766548
A 7,493,510 1.0238 7,319,310 11 57 0.044688008
A 6,811,100 1.0317 6,601,822 9 37 0.027956418
A 15,576,670 0.9751 15,974,433 11 55 0.034877581
E 104,178,880 0.9030 115,369,745 28 564 0.136273333
Random Totals: 140,103,230 153,427,209 70 795
CATG D1 EXCEPTION VALUES: 2,919,900 2,088,070
CATG J EXCEPTION VALUES: 6,471,410 7,948,375
Total Test Values 149,494,540 163,463,654

Margin of Error

Margin of Error Percent: 9.7216152
Margin of Error Value: 15,891,307

Confidence Interval Values(5)

Local Test Value: 149,494,540 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 147,572,347 (State Test Value minus Margin of Error Percent)
State Upper Limit: 179,354,961 (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