taxes Property Tax Assistance

2020 Confidence Interval Detail

Hopkins County
112-909/Saltillo ISD

Category Summary

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

Stratum
Variance
A 2,420,930 0.7143 3,389,234 11 63 0.030459984
A 2,534,330 0.8768 2,890,431 11 36 0.034706044
A 2,504,640 0.9143 2,739,407 10 23 0.043325711
A 2,292,500 0.9200 2,491,848 9 14 0.011776164
E 37,480,970 0.9638 38,888,742 19 431 0.022684765
Random Totals: 47,233,370 50,399,662 60 567
CATG D1 EXCEPTION VALUES: 4,617,110 3,968,636
CATG J EXCEPTION VALUES: 4,871,073 4,992,651
Total Test Values 56,721,553 59,360,949

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,968,047

Confidence Interval Values(5)

Local Test Value: 56,721,553 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 56,392,902 (State Test Value minus Margin of Error Percent)
State Upper Limit: 62,328,996 (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