taxes Property Tax Assistance

2020 Confidence Interval Detail

Hood County
111-902/Lipan ISD

Category Summary

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

Stratum
Variance
A 5,934,200 1.1778 5,038,377 10 90 0.019227834
A 6,364,990 1.0555 6,030,308 9 56 0.028655696
A 6,119,448 0.9745 6,279,577 9 37 0.005306532
A 7,988,750 1.0324 7,738,038 8 33 0.011585870
E 67,692,080 0.9057 74,740,068 20 513 0.045750420
Random Totals: 94,099,468 99,826,368 56 729
CATG D1 EXCEPTION VALUES: 5,891,650 3,309,193
CATG J EXCEPTION VALUES: 884,050 972,039
Total Test Values 100,875,168 104,107,600

Margin of Error

Margin of Error Percent: 6.8097599
Margin of Error Value: 7,089,478

Confidence Interval Values(5)

Local Test Value: 100,875,168 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 97,018,122 (State Test Value minus Margin of Error Percent)
State Upper Limit: 111,197,078 (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