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 0.8458 306,152,609 36 1,798 0.023622945
A 397,117,655 0.9288 427,559,921 68 1,754 0.007291437
A 425,698,669 0.8978 474,157,573 57 1,417 0.014348807
A 619,587,343 0.9755 635,148,481 42 1,304 0.016417633
E 144,573,388 0.9396 153,866,952 18 529 0.020659421
F1 36,301,928 1.0365 35,023,568 12 151 0.008914735
F1 44,696,006 1.0035 44,540,116 12 76 0.017145408
F1 63,192,219 1.0115 62,473,771 11 52 0.012420989
F1 46,463,514 1.0231 45,414,538 7 16 0.016422426
Random Totals: 2,036,574,599 2,184,337,529 263 7,097
CATG D1 EXCEPTION VALUES: 2,846,085 2,766,081
Total Test Values 2,039,420,684 2,187,103,610

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 109,355,181

Confidence Interval Values(5)

Local Test Value: 2,039,420,684 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 2,077,748,429 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,296,458,791 (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