taxes Property Tax Assistance

2020 Confidence Interval Detail

Hardin County
100-905/Hardin-Jefferson ISD

Category Summary

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

Stratum
Variance
A 56,585,950 0.7024 80,560,863 18 699 0.141562858
A 54,823,960 0.9033 60,692,970 18 342 0.019524143
A 66,315,650 1.0517 63,055,672 18 297 0.029872988
A 102,053,750 0.9582 106,505,688 18 306 0.031602492
E 91,028,770 0.7558 120,440,288 22 1,018 0.063543132
G1 21,071,450 0.9954 21,168,827 8 37 0.000052747
Random Totals: 391,879,530 452,424,308 102 2,699
CATG D1 EXCEPTION VALUES: 15,974,157 14,722,745
CATG J EXCEPTION VALUES: 4,990,230 4,241,308
Total Test Values 412,843,917 471,388,361

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 23,569,418

Confidence Interval Values(5)

Local Test Value: 412,843,917 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 447,818,943 (State Test Value minus Margin of Error Percent)
State Upper Limit: 494,957,779 (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