taxes Property Tax Assistance

2019 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 55,792,771 0.9420 59,227,995 23 316 0.000437483
A 72,382,225 1.0095 71,701,065 31 344 0.001466179
A 101,136,902 1.0081 100,324,275 44 399 0.002273643
A 86,047,958 1.0050 85,619,859 13 222 0.001959471
E 146,118,127 0.9510 153,646,821 27 833 0.014110818
Random Totals: 461,477,983 470,520,015 138 2,114
CATG D1 EXCEPTION VALUES: 1,089,792 982,537
Total Test Values(1) 462,567,775 471,502,552

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 23,575,128

Confidence Interval Values(5)

Local Test Value: 462,567,775 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 447,927,424 (State Test Value minus Margin of Error Percent)
State Upper Limit: 495,077,680 (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