taxes Property Tax Assistance

2022 Confidence Interval Detail

Hopkins County
112-905/Cumby ISD

Category Summary

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

Stratum
Variance
A 4,686,450 0.6976 6,717,962 15 96 0.036313458
A 9,165,320 0.7863 11,656,264 15 109 0.116831007
A 9,088,350 0.7277 12,489,144 15 75 0.086810140
A 14,355,710 0.7975 18,000,890 15 77 0.028374125
E 68,918,960 0.8836 77,997,918 21 529 0.030706157
Random Totals: 106,214,790 126,862,178 81 886
CATG D1 EXCEPTION VALUES: 4,537,070 3,799,569
CATG J EXCEPTION VALUES: 8,571,325 8,913,510
Total Test Values 119,323,185 139,575,257

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,978,763

Confidence Interval Values(5)

Local Test Value: 119,323,185 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 132,596,494 (State Test Value minus Margin of Error Percent)
State Upper Limit: 146,554,020 (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