taxes Property Tax Assistance

2022 Confidence Interval Detail

Hockley County
110-906/Smyer ISD

Category Summary

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

Stratum
Variance
A 11,569,610 0.9050 12,784,099 20 213 0.008478062
E 64,403,013 0.8023 80,272,981 17 759 0.182998245
G1 19,188,530 1.0014 19,161,704 8 25 0.032385286
Random Totals: 95,161,153 112,218,784 45 997
CATG D1 EXCEPTION VALUES: 11,325,665 6,652,662
CATG G1 EXCEPTION VALUES: 8,641,510 8,611,246
CATG J EXCEPTION VALUES: 1,599,150 1,625,475
Total Test Values 116,727,478 129,108,167

Margin of Error

Margin of Error Percent: 12.9537109
Margin of Error Value: 16,724,299

Confidence Interval Values(5)

Local Test Value: 116,727,478 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 112,383,868 (State Test Value minus Margin of Error Percent)
State Upper Limit: 145,832,466 (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