taxes Property Tax Assistance

2018 Confidence Interval Detail

097/Hamilton
097-903/Hico ISD

Category Summary

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

Stratum
Variance
A 10,268,289 0.9117 11,262,794 15 210 0.060776340
A 10,211,050 0.8054 12,678,234 14 135 0.111090233
A 11,073,880 0.9980 11,096,072 15 110 0.045823514
A 10,904,640 0.9804 11,122,644 15 67 0.035150969
E 42,619,501 0.7785 54,745,666 20 490 0.189628218
F1 3,556,550 0.8150 4,363,865 9 49 0.090385778
F1 3,346,840 0.9659 3,464,996 7 22 0.007848546
F1 3,489,461 0.9288 3,756,956 6 13 0.009505781
F1 3,768,720 0.9682 3,892,502 5 8 0.003057471
Random Totals: 99,238,931 116,383,729 106 1,104
CATG D1 EXCEPTION VALUES: 5,978,277 5,260,908
CATG J EXCEPTION VALUES: 4,570,812 4,701,952
Total Test Values(2) 109,788,020 126,346,589

Margin of Error

Margin of Error Percent: 8.5483079
Margin of Error Value: 10,800,495

Confidence Interval Values(5)

Local Test Value: 109,788,020 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 115,546,094 (State Test Value minus Margin of Error Percent)
State Upper Limit: 137,147,084 (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