taxes Property Tax Assistance

2021 Confidence Interval Detail

Gregg County
092-907/Spring Hill ISD

Category Summary

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

Stratum
Variance
A 118,690,160 0.8826 134,477,861 9 822 0.015546925
A 135,958,961 0.9366 145,162,247 20 653 0.010683658
A 136,538,340 0.9704 140,703,153 10 469 0.008466380
A 141,442,440 1.0117 139,806,702 10 283 0.006288662
E 36,086,188 0.9906 36,428,617 10 225 0.217004736
Random Totals: 568,716,089 596,578,580 59 2,452
CATG D1 EXCEPTION VALUES: 259,852 276,039
Total Test Values 568,975,941 596,854,619

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 29,842,731

Confidence Interval Values(5)

Local Test Value: 568,975,941 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 567,011,888 (State Test Value minus Margin of Error Percent)
State Upper Limit: 626,697,350 (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