taxes Property Tax Assistance

2023 Confidence Interval Detail

Hopkins County
112-901/Sulphur Springs ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 208,313,820 0.7106 293,152,012 15 2,276 0.088662574
A 212,814,160 0.7010 303,586,534 14 1,469 0.030116037
A 223,680,755 0.8573 260,913,047 17 1,081 0.031558590
A 291,624,690 0.8318 350,594,722 13 785 0.026804748
E 461,604,280 0.8232 560,743,780 20 2,546 0.037300565
F1 91,764,740 0.9891 92,775,998 12 367 0.007391259
F1 90,428,934 1.0225 88,439,055 13 109 0.008114909
F1 79,960,657 0.9863 81,071,334 10 36 0.017675102
F1 62,902,104 0.9232 68,134,861 7 12 0.027156074
L1 38,534,240 0.9553 40,337,318 10 312 0.018553310
L1 33,578,389 0.9937 33,791,274 10 45 0.000395566
L1 38,372,050 0.9460 40,562,421 7 15 0.012480341
L1 53,510,220 0.9665 55,364,946 3 6 0.003331338
Random Totals: 1,887,089,039 2,269,467,302 151 9,059
CATG D1 EXCEPTION VALUES: 17,702,950 13,992,707
Total Test Values 1,904,791,989 2,283,460,009

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 114,173,000

Confidence Interval Values(5)

Local Test Value: 1,904,791,989 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 2,169,287,009 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,397,633,009 (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