taxes Property Tax Assistance

2023 Confidence Interval Detail

Hunt County
199-902/Royse City ISD

Category Summary

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

Stratum
Variance
A 91,386,212 0.9242 98,881,424 32 353 0.005309574
A 253,969,518 1.0012 253,665,120 50 855 0.004126273
A 430,469,085 1.0042 428,668,677 50 1,236 0.006039716
A 359,506,471 0.9990 359,866,337 46 689 0.007250763
E 294,027,502 0.9846 298,626,348 21 845 0.013502860
Random Totals: 1,429,358,788 1,439,707,906 199 3,978
CATG D1 EXCEPTION VALUES: 1,018,233 1,123,991
Total Test Values 1,430,377,021 1,440,831,897

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 72,041,595

Confidence Interval Values(5)

Local Test Value: 1,430,377,021 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,368,790,302 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,512,873,492 (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