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 0.6988 298,102,204 15 2,276 0.088949790
A 212,814,160 0.6750 315,280,237 15 1,469 0.036505250
A 223,680,755 0.8459 264,429,312 18 1,081 0.029835858
A 291,624,690 0.8025 363,395,252 15 785 0.026641284
E 461,604,280 0.8226 561,152,784 20 2,546 0.037407246
F1 91,764,740 0.9757 94,050,159 12 367 0.014291243
F1 90,428,934 0.9924 91,121,457 13 109 0.013934609
F1 79,960,657 0.9544 83,781,074 10 36 0.029537175
F1 62,902,104 0.9123 68,948,925 7 12 0.026630373
L1 38,534,240 0.9343 41,243,969 10 312 0.039573542
L1 33,578,389 0.9894 33,938,133 10 45 0.000882500
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 2,311,370,873 155 9,059
CATG D1 EXCEPTION VALUES: 17,678,950 13,975,246
Total Test Values 1,904,767,989 2,325,346,119

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 116,267,306

Confidence Interval Values(5)

Local Test Value: 1,904,767,989 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 2,209,078,813 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,441,613,425 (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