taxes Property Tax Assistance

2021 Confidence Interval Detail

Hunt County
116-901/Caddo Mills ISD

Category Summary

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

Stratum
Variance
A 123,583,766 0.9887 124,996,223 79 728 0.002122966
A 81,543,390 0.9795 83,250,015 25 306 0.001779313
A 115,170,658 0.9575 120,282,672 31 352 0.002215845
A 135,190,853 1.0272 131,611,033 30 311 0.008816695
E 311,705,901 0.9445 330,022,129 45 1,597 0.036320004
F1 12,702,130 0.7574 16,770,702 12 61 0.200439201
F1 13,590,715 0.9779 13,897,858 10 28 0.007412528
F1 15,750,030 1.0165 15,494,373 9 18 0.030599883
F1 18,912,350 0.9662 19,573,949 5 10 0.001237647
Random Totals: 828,149,793 855,898,954 246 3,411
CATG D1 EXCEPTION VALUES: 3,686,453 3,677,336
Total Test Values 831,836,246 859,576,290

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 42,978,815

Confidence Interval Values(5)

Local Test Value: 831,836,246 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 816,597,475 (State Test Value minus Margin of Error Percent)
State Upper Limit: 902,555,105 (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