taxes Property Tax Assistance

2023 Confidence Interval Detail

Hunt County
116-909/Wolfe City ISD

Category Summary

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

Stratum
Variance
A 13,521,860 0.9676 13,974,638 12 179 0.032208552
A 15,746,082 0.9340 16,858,760 12 125 0.030706191
A 15,863,476 0.9962 15,923,987 11 92 0.018685331
A 27,952,240 0.9443 29,601,017 10 103 0.018780732
E 196,558,407 0.9675 203,161,144 20 959 0.058826837
Random Totals: 269,642,065 279,519,546 65 1,458
CATG D1 EXCEPTION VALUES: 4,501,890 5,104,711
Total Test Values 274,143,955 284,624,257

Margin of Error

Margin of Error Percent: 7.7579084
Margin of Error Value: 22,080,889

Confidence Interval Values(5)

Local Test Value: 274,143,955 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 262,543,368 (State Test Value minus Margin of Error Percent)
State Upper Limit: 306,705,146 (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