taxes Property Tax Assistance

2023 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 258,943,877 0.8712 297,226,672 35 1,798 0.023555675
A 397,117,655 0.9579 414,571,098 67 1,754 0.005854772
A 425,698,669 0.9224 461,512,000 57 1,417 0.014278790
A 619,587,343 0.9991 620,145,474 42 1,304 0.017535119
E 144,573,388 0.9409 153,654,361 18 529 0.020465880
F1 36,301,928 1.0523 34,497,698 12 151 0.009411687
F1 44,696,006 1.0122 44,157,287 12 76 0.012922955
F1 63,192,219 1.0288 61,423,230 11 52 0.007214993
F1 46,463,514 1.0433 44,537,212 7 16 0.013345171
Random Totals: 2,036,574,599 2,131,725,032 261 7,097
CATG D1 EXCEPTION VALUES: 2,999,988 2,978,364
Total Test Values 2,039,574,587 2,134,703,396

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 106,735,170

Confidence Interval Values(5)

Local Test Value: 2,039,574,587 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,027,968,226 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,241,438,566 (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