taxes Property Tax Assistance

2021 Confidence Interval Detail

Wood County
250-902/Hawkins ISD

Category Summary

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

Stratum
Variance
A 29,534,540 0.9530 30,991,123 10 431 0.005227365
A 39,021,990 1.0170 38,369,705 16 299 0.004317725
A 47,324,992 1.0036 47,155,233 13 256 0.012179338
A 52,945,805 1.0195 51,933,109 12 153 0.004206329
E 159,194,065 1.0130 157,151,101 35 1,850 0.009460816
G1 15,912,180 1.0170 15,646,195 8 32 0.000918011
Random Totals: 343,933,572 341,246,466 94 3,021
CATG D1 EXCEPTION VALUES: 7,701,248 7,162,676
CATG G1 EXCEPTION VALUES: 145,510,601 146,554,398
CATG J EXCEPTION VALUES: 10,100,040 10,516,355
Total Test Values 507,245,461 505,479,895

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 25,273,995

Confidence Interval Values(5)

Local Test Value: 507,245,461 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 480,205,900 (State Test Value minus Margin of Error Percent)
State Upper Limit: 530,753,890 (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