taxes Property Tax Assistance

2023 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 2,580,800 0.7335 3,518,473 10 61 0.078457985
A 3,355,710 0.9868 3,400,598 10 47 0.017572798
A 2,506,310 1.0452 2,397,924 8 25 0.019899131
A 5,106,950 0.9379 5,445,090 7 34 0.036044890
E 81,464,512 0.7768 104,871,926 24 802 0.144265753
G1 20,241,260 1.0120 20,001,245 15 27 0.009652020
Random Totals: 115,255,542 139,635,256 74 996
CATG D1 EXCEPTION VALUES: 10,851,846 8,493,865
CATG G1 EXCEPTION VALUES: 8,647,320 8,561,666
CATG J EXCEPTION VALUES: 7,569,640 7,788,658
Total Test Values 142,324,348 164,479,445

Margin of Error

Margin of Error Percent: 9.7392353
Margin of Error Value: 16,019,040

Confidence Interval Values(5)

Local Test Value: 142,324,348 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 148,460,405 (State Test Value minus Margin of Error Percent)
State Upper Limit: 180,498,485 (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