taxes Property Tax Assistance

2020 Confidence Interval Detail

Hill County
109-902/Bynum ISD

Category Summary

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

Stratum
Variance
A 3,161,060 0.8388 3,768,550 12 70 0.056292515
A 3,862,410 0.9608 4,019,994 11 46 0.021034823
A 4,823,150 1.1238 4,291,822 10 39 0.035668356
A 4,297,540 1.0445 4,114,447 8 21 0.009749417
E 29,389,990 1.0522 27,931,943 20 260 0.031314131
L1 6,323,150 1.0924 5,788,310 9 29 0.047535012
Random Totals: 51,857,300 49,915,066 70 465
CATG D1 EXCEPTION VALUES: 10,485,420 7,106,677
CATG J EXCEPTION VALUES: 11,460,230 13,626,470
CATG L1 EXCEPTION VALUES: 12,704,090 12,704,090
Total Test Values 86,507,040 83,352,303

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,167,615

Confidence Interval Values(5)

Local Test Value: 86,507,040 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 79,184,688 (State Test Value minus Margin of Error Percent)
State Upper Limit: 87,519,918 (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