taxes Property Tax Assistance

2024 Confidence Interval Detail

Hill County
109-905/Hubbard 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 12,942,300 0.8648 14,965,657 13 207 0.080118792
A 3 14,806,920 0.9501 15,584,591 12 133 0.020748875
A 4 17,666,330 0.9663 18,282,449 12 108 0.028361586
A 5 20,107,550 0.9277 21,674,625 12 77 0.017950206
E 0 75,382,091 0.9803 76,896,961 20 501 0.039331390
F1 2 3,043,670 0.6905 4,407,922 12 34 0.128919994
F1 3 3,521,570 0.7541 4,669,898 10 15 0.184544202
F1 5 4,419,270 1.0103 4,374,216 3 5 0.000575238
Random Totals: 151,889,701 160,856,319 94 1,080
CATG D1 EXCEPTION VALUES: 2,829,040 1,430,121
CATG F1 EXCEPTION VALUES: 2,820,530 3,460,486
Total Test Values 157,539,271 165,746,926

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,287,346

Confidence Interval Values(5)

Local Test Value: 157,539,271 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 157,459,580 (State Test Value minus Margin of Error Percent)
State Upper Limit: 174,034,272 (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