taxes Property Tax Assistance

2021 Confidence Interval Detail

Robertson County
198-905/Hearne ISD

Category Summary

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

Stratum
Variance
A 41,055,462 0.9535 43,057,642 14 806 0.085176874
A 36,864,295 0.9577 38,492,529 14 403 0.076369148
A 37,761,144 0.9503 39,736,024 14 286 0.042592676
A 39,682,604 1.0031 39,559,968 16 168 0.026598838
E 111,726,783 0.8893 125,634,525 21 899 0.087473706
F1 11,498,186 0.8498 13,530,461 14 95 0.056156774
F1 15,732,241 0.9405 16,727,529 13 27 0.037050199
G1 26,447,137 1.0326 25,612,180 8 40 0.015986940
Random Totals: 320,767,852 342,350,858 114 2,724
CATG D1 EXCEPTION VALUES: 9,961,047 9,175,065
CATG F1 EXCEPTION VALUES: 17,910,930 20,725,776
CATG G1 EXCEPTION VALUES: 8,927,687 9,148,733
CATG J EXCEPTION VALUES: 69,225,346 67,629,441
Total Test Values 426,792,862 449,029,873

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,451,494

Confidence Interval Values(5)

Local Test Value: 426,792,862 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 426,578,379 (State Test Value minus Margin of Error Percent)
State Upper Limit: 471,481,367 (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