taxes Property Tax Assistance

2023 Confidence Interval Detail

Hunt County
116-901/Caddo Mills ISD

Category Summary

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

Stratum
Variance
A 122,624,410 0.9549 128,415,970 22 512 0.002976750
A 254,476,459 1.0043 253,386,895 68 813 0.003032625
A 172,515,520 0.9997 172,567,290 17 407 0.005839705
A 373,877,808 0.9957 375,492,425 41 636 0.002947685
E 484,945,982 1.0044 482,821,567 41 1,661 0.021682545
F1 28,707,468 1.0563 27,177,381 9 80 0.093592676
F1 32,725,182 1.1124 29,418,538 9 36 0.035648598
F1 38,922,220 1.0247 37,984,015 6 21 0.041111210
Random Totals: 1,508,795,049 1,507,264,081 213 4,166
CATG D1 EXCEPTION VALUES: 3,679,125 4,041,259
CATG F1 EXCEPTION VALUES: 26,517,150 24,021,703
Total Test Values 1,538,991,324 1,535,327,043

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 76,766,352

Confidence Interval Values(5)

Local Test Value: 1,538,991,324 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,458,560,691 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,612,093,395 (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