taxes Property Tax Assistance

2023 Confidence Interval Detail

Robertson County
198-905/Hearne ISD

Category Summary

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

Stratum
Variance
A 38,956,404 0.9260 42,069,551 13 641 0.027879731
A 48,889,927 0.7735 63,206,111 13 448 0.148363185
A 64,741,452 1.0078 64,240,377 13 388 0.039880423
A 97,108,342 0.9864 98,447,224 13 299 0.089053020
E 170,100,913 0.9783 173,873,978 22 873 0.165816013
F1 15,615,585 0.7637 20,447,276 13 96 0.118663188
F1 15,938,511 0.8561 18,617,581 12 25 0.060328035
F1 20,341,582 0.8949 22,730,564 8 12 0.030244181
G1 106,708,035 1.0009 106,612,084 9 47 0.000079957
Random Totals: 578,400,751 610,244,746 116 2,829
CATG D1 EXCEPTION VALUES: 11,313,707 10,275,341
CATG F1 EXCEPTION VALUES: 11,746,538 12,647,434
CATG J EXCEPTION VALUES: 77,531,864 76,764,337
Total Test Values 678,992,860 709,931,858

Margin of Error

Margin of Error Percent: 5.2234577
Margin of Error Value: 37,082,990

Confidence Interval Values(5)

Local Test Value: 678,992,860 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 672,848,868 (State Test Value minus Margin of Error Percent)
State Upper Limit: 747,014,848 (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