taxes Property Tax Assistance

2024 Confidence Interval Detail

Hardin County
100-907/Lumberton 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 2 421,764,928 0.8802 479,169,425 18 2,436 0.015036150
A 3 438,618,892 0.8851 495,558,572 21 1,689 0.005545669
A 4 438,573,162 0.9332 469,966,955 18 1,234 0.029588936
A 5 467,858,469 1.0200 458,684,774 15 872 0.012959770
F1 2 51,846,529 0.9125 56,818,114 10 147 0.006527519
F1 3 53,891,838 0.9842 54,756,999 10 64 0.031148887
F1 4 41,627,401 1.0379 40,107,333 7 26 0.030503607
F1 5 39,913,434 1.0711 37,263,966 5 6 0.007780984
Random Totals: 1,954,094,653 2,092,326,138 104 6,474
CATG D1 EXCEPTION VALUES: 2,629,284 2,561,167
Total Test Values 1,956,723,937 2,094,887,305

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 104,744,365

Confidence Interval Values(5)

Local Test Value: 1,956,723,937 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,990,142,940 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,199,631,670 (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