taxes Property Tax Assistance

2021 Confidence Interval Detail

Collingsworth County
065-902/Hedley ISD

Category Summary

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

Stratum
Variance
A 491,760 0.8834 556,667 7 15 0.029105797
D2 769,820 0.9854 781,226 21 30 0.004660605
E 1,586,400 0.9472 1,674,831 23 35 0.012653293
Random Totals: 2,847,980 3,012,724 51 80
CATG A EXCEPTION VALUES: 132,930 136,539
CATG D1 EXCEPTION VALUES: 7,219,752 8,326,147
Total Test Values 10,200,662 11,475,410

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 573,771

Confidence Interval Values(5)

Local Test Value: 10,200,662 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 10,901,639 (State Test Value minus Margin of Error Percent)
State Upper Limit: 12,049,181 (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