taxes Property Tax Assistance

2019 Confidence Interval Detail

Fisher County
127-903/Hamlin ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
E 6,584,010 0.9871 6,670,054 16 113 0.047481678
G1 1,925,000 0.9972 1,930,405 8 30 0.003080070
G1 2,091,360 0.9885 2,115,690 6 13 0.000113658
G1 2,049,650 0.9928 2,064,515 5 7 0.000253356
Random Totals: 12,650,020 12,780,664 35 163
CATG D1 EXCEPTION VALUES: 7,523,900 7,867,634
CATG G1 EXCEPTION VALUES: 3,876,170 3,840,073
CATG J EXCEPTION VALUES: 1,950,600 1,858,722
Total Test Values(3) 26,000,690 26,347,093

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,317,355

Confidence Interval Values(5)

Local Test Value: 26,000,690 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 25,029,738 (State Test Value minus Margin of Error Percent)
State Upper Limit: 27,664,448 (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