taxes Property Tax Assistance

2021 Confidence Interval Detail

Hamilton County
097-903/Hico ISD

Category Summary

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

Stratum
Variance
A 13,425,579 1.0470 12,822,903 16 208 0.074895317
A 17,150,860 0.9306 18,429,895 16 163 0.034299305
A 18,123,887 1.0317 17,567,013 15 124 0.077012566
A 18,784,670 0.9715 19,335,739 16 79 0.014561006
E 79,168,260 0.9351 84,662,881 20 589 0.096077881
F1 3,941,380 1.0169 3,875,878 9 53 0.001545741
F1 5,759,663 0.9684 5,947,607 7 30 0.010037059
F1 3,902,920 0.9465 4,123,529 6 11 0.009401865
F1 4,075,351 0.8998 4,529,174 4 6 0.007279614
Random Totals: 164,332,570 171,294,619 109 1,263
CATG D1 EXCEPTION VALUES: 6,220,868 5,176,189
Total Test Values 170,553,438 176,470,808

Margin of Error

Margin of Error Percent: 6.7654132
Margin of Error Value: 11,938,979

Confidence Interval Values(5)

Local Test Value: 170,553,438 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 164,531,829 (State Test Value minus Margin of Error Percent)
State Upper Limit: 188,409,787 (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