taxes Property Tax Assistance

2023 Confidence Interval Detail

Hunt County
116-903/Commerce ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 54,697,254 0.8888 61,540,565 10 600 0.045801692
A 50,304,913 0.9249 54,389,570 16 323 0.008431277
A 77,948,475 0.9636 80,892,979 34 385 0.021201174
A 74,947,899 0.9860 76,012,068 22 217 0.004560497
B 20,416,810 0.9404 21,710,772 9 74 0.075554226
B 21,329,170 0.9905 21,533,741 8 21 0.106473510
B 12,525,620 0.9728 12,875,843 4 5 0.017787376
B 14,205,150 1.1333 12,534,458 1 3 0.000000000
E 303,206,032 1.0578 286,638,336 20 1,619 0.045352192
F1 26,847,167 0.9158 29,315,535 10 139 0.040550514
F1 19,571,370 0.9860 19,849,260 8 31 0.007594041
F1 24,592,563 0.8484 28,986,991 7 21 0.094530188
F1 26,733,590 1.0985 24,336,450 4 8 0.005046644
L1 16,571,903 1.1559 14,336,796 10 110 0.105195683
L1 10,084,410 0.8671 11,630,043 8 10 0.100502238
L1 14,541,100 0.9824 14,801,637 3 4 0.003070866
Random Totals: 768,523,426 771,385,044 174 3,570
CATG D1 EXCEPTION VALUES: 6,567,430 7,304,778
CATG L1 EXCEPTION VALUES: 7,922,890 6,820,672
Total Test Values 783,013,746 785,510,494

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 39,275,525

Confidence Interval Values(5)

Local Test Value: 783,013,746 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 746,234,969 (State Test Value minus Margin of Error Percent)
State Upper Limit: 824,786,019 (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