taxes Property Tax Assistance

2023 Confidence Interval Detail

Hockley County
110-907/Sundown ISD

Category Summary

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

Stratum
Variance
A 9,648,085 0.7904 12,206,585 11 185 0.076586753
A 11,873,250 0.8419 14,102,922 10 120 0.056835359
A 16,434,170 1.0101 16,269,845 9 114 0.083897226
A 13,949,480 0.9161 15,227,028 10 54 0.017687415
G1 628,356,132 1.0167 618,034,948 8 34 0.005925793
Random Totals: 680,261,117 675,841,328 48 507
CATG D1 EXCEPTION VALUES: 4,080,765 3,924,471
CATG G1 EXCEPTION VALUES: 195,266,560 200,632,750
CATG J EXCEPTION VALUES: 16,825,060 17,358,919
Total Test Values 896,433,502 897,757,468

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 44,887,873

Confidence Interval Values(5)

Local Test Value: 896,433,502 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 852,869,595 (State Test Value minus Margin of Error Percent)
State Upper Limit: 942,645,341 (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