taxes Property Tax Assistance

2023 Confidence Interval Detail

Hunt County
112-905/Cumby ISD

Category Summary

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

Stratum
Variance
A 3,705,443 0.9751 3,800,065 14 21 0.035417610
D2 1,311,539 1.1752 1,116,013 9 48 0.024444353
E 18,244,450 0.9647 18,912,045 23 92 0.151889332
Random Totals: 23,261,432 23,828,123 46 161
CATG D1 EXCEPTION VALUES: 580,560 668,827
CATG J EXCEPTION VALUES: 870 901
Total Test Values 23,842,862 24,497,851

Margin of Error

Margin of Error Percent: 10.9932207
Margin of Error Value: 2,693,103

Confidence Interval Values(5)

Local Test Value: 23,842,862 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 21,804,748 (State Test Value minus Margin of Error Percent)
State Upper Limit: 27,190,954 (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