taxes Property Tax Assistance

2023 Confidence Interval Detail

Hunt County
074-909/Leonard ISD

Category Summary

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

Stratum
Variance
A 11,640,660 1.0728 10,850,727 9 46 0.039874652
E 29,106,169 0.9961 29,220,127 10 131 0.008612193
Random Totals: 40,746,829 40,070,854 19 177
CATG D1 EXCEPTION VALUES: 622,050 703,500
Total Test Values 41,368,879 40,774,354

Margin of Error

Margin of Error Percent: 5.4114338
Margin of Error Value: 2,206,477

Confidence Interval Values(5)

Local Test Value: 41,368,879 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 38,567,877 (State Test Value minus Margin of Error Percent)
State Upper Limit: 42,980,831 (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