taxes Property Tax Assistance

2024 Confidence Interval Detail

Hill County
109-903/Covington 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 8,443,450 0.8516 9,914,807 12 76 0.025739093
A 3 9,978,550 0.9913 10,066,125 12 56 0.024443552
A 4 8,573,560 0.9982 8,589,020 12 35 0.005555607
A 5 14,503,740 0.9017 16,084,884 12 42 0.007566117
E 0 147,755,750 0.9961 148,334,254 20 644 0.020589616
Random Totals: 189,255,050 192,989,090 68 853
CATG D1 EXCEPTION VALUES: 2,810,510 1,838,809
CATG J EXCEPTION VALUES: 16,770 17,588
Total Test Values 192,082,330 194,845,487

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,742,274

Confidence Interval Values(5)

Local Test Value: 192,082,330 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 185,103,213 (State Test Value minus Margin of Error Percent)
State Upper Limit: 204,587,761 (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