taxes Property Tax Assistance

2018 Confidence Interval Detail

112/Hopkins
112-905/Cumby ISD

Category Summary

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

Stratum
Variance
A 4,955,940 1.0069 4,921,978 18 130 0.025218510
A 4,852,970 0.9769 4,967,724 19 78 0.022320123
A 5,254,760 0.9805 5,359,266 18 62 0.016732425
A 5,971,990 0.9311 6,413,908 17 45 0.019588100
E 40,502,000 0.9050 44,753,591 24 498 0.021900733
Random Totals: 61,537,660 66,416,467 96 813
CATG D1 EXCEPTION VALUES: 4,508,820 4,820,025
CATG J EXCEPTION VALUES: 6,814,826 7,239,105
Total Test Values(2) 72,861,306 78,475,597

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,923,780

Confidence Interval Values(5)

Local Test Value: 72,861,306 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 74,551,817 (State Test Value minus Margin of Error Percent)
State Upper Limit: 82,399,377 (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