taxes Property Tax Assistance

2024 Confidence Interval Detail

Hill County
109-902/Bynum ISD

Category Summary

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

Stratum
Variance
A 2 5,491,020 0.8562 6,413,245 9 77 0.031158066
A 3 4,701,130 0.9539 4,928,326 9 38 0.012059002
A 4 8,284,990 0.9258 8,949,006 9 47 0.022639581
A 5 7,657,460 0.9412 8,135,848 7 26 0.016782764
E 0 61,157,370 0.9269 65,980,548 20 325 0.026090689
L1 2 5,057,480 0.9735 5,195,152 10 23 0.011715066
Random Totals: 92,349,450 99,602,125 64 536
CATG D1 EXCEPTION VALUES: 10,141,180 7,972,668
CATG J EXCEPTION VALUES: 700,561 676,962
CATG L1 EXCEPTION VALUES: 5,000,000 4,835,393
Total Test Values 108,191,191 113,087,148

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,654,357

Confidence Interval Values(5)

Local Test Value: 108,191,191 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 107,432,791 (State Test Value minus Margin of Error Percent)
State Upper Limit: 118,741,505 (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