taxes Property Tax Assistance

2019 Confidence Interval Detail

Gregg County
092-907/Spring Hill ISD

Category Summary

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

Stratum
Variance
A 117,919,830 0.9769 120,708,189 35 845 0.012755925
A 117,762,933 1.0014 117,598,295 35 590 0.008258512
A 126,073,530 0.9982 126,300,872 38 456 0.002441906
A 125,875,720 1.0096 124,678,803 15 257 0.002750396
Random Totals: 487,632,013 489,286,159 123 2,148
CATG D1 EXCEPTION VALUES: 228,267 231,857
Total Test Values(1) 487,860,280 489,518,016

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,475,901

Confidence Interval Values(5)

Local Test Value: 487,860,280 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 465,042,115 (State Test Value minus Margin of Error Percent)
State Upper Limit: 513,993,917 (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