taxes Property Tax Assistance

2022 Confidence Interval Detail

Hood County
111-902/Lipan ISD

Category Summary

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

Stratum
Variance
A 4,387,420 0.9641 4,550,793 10 55 0.110907762
A 8,187,180 0.9778 8,373,062 8 59 0.013830046
A 5,240,750 1.0101 5,188,348 8 27 0.028765880
A 13,221,450 1.0095 13,097,028 8 44 0.082962377
E 127,008,520 0.9514 133,496,447 20 598 0.036908696
Random Totals: 158,045,320 164,705,678 54 783
CATG D1 EXCEPTION VALUES: 2,980,380 3,532,018
CATG J EXCEPTION VALUES: 1,047,150 1,150,598
Total Test Values 162,072,850 169,388,294

Margin of Error

Margin of Error Percent: 6.8791478
Margin of Error Value: 11,652,471

Confidence Interval Values(5)

Local Test Value: 162,072,850 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 157,735,823 (State Test Value minus Margin of Error Percent)
State Upper Limit: 181,040,765 (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