taxes Property Tax Assistance

2022 Confidence Interval Detail

Hardin County
100-907/Lumberton ISD

Category Summary

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

Stratum
Variance
A 298,967,783 0.7760 385,267,762 61 2,200 0.040531705
A 358,210,704 0.8658 413,733,777 92 1,700 0.011394345
A 356,882,605 0.8806 405,272,093 79 1,215 0.008437161
A 390,718,807 0.9386 416,278,294 77 912 0.011360820
E 121,506,365 0.8644 140,567,289 13 514 0.041269918
F1 34,609,577 0.9178 37,709,280 9 148 0.076720492
F1 43,253,768 0.8775 49,292,043 10 78 0.011231988
F1 39,960,118 0.8779 45,517,847 8 36 0.067534189
F1 40,728,749 0.8301 49,064,870 5 11 0.111794644
Random Totals: 1,684,838,476 1,942,703,255 354 6,814
CATG D1 EXCEPTION VALUES: 4,742,141 2,983,527
Total Test Values 1,689,580,617 1,945,686,782

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 97,284,339

Confidence Interval Values(5)

Local Test Value: 1,689,580,617 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,848,402,443 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,042,971,121 (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