taxes Property Tax Assistance

2020 Confidence Interval Detail

Hardin County
100-907/Lumberton ISD

Category Summary

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

Stratum
Variance
A 253,082,945 0.7968 317,624,178 41 2,361 0.029670565
A 262,246,588 0.8995 291,547,068 68 1,495 0.011663670
A 266,413,020 0.9298 286,527,232 47 1,092 0.006114165
A 294,469,570 0.9786 300,909,023 75 800 0.004952720
E 96,560,300 1.0217 94,509,445 13 493 0.092411575
F1 33,865,660 0.9584 35,335,622 10 141 0.026718474
F1 30,893,470 0.9197 33,590,812 9 55 0.003398997
F1 36,127,640 0.9324 38,746,933 8 33 0.079058665
F1 28,999,890 1.0132 28,622,079 5 7 0.011893952
Random Totals: 1,302,659,083 1,427,412,392 276 6,477
CATG D1 EXCEPTION VALUES: 3,533,980 3,396,250
Total Test Values 1,306,193,063 1,430,808,642

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 71,540,432

Confidence Interval Values(5)

Local Test Value: 1,306,193,063 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,359,268,210 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,502,349,074 (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