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 0.8341 15,516,485 13 207 0.079515297
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 0.9216 21,818,088 12 77 0.017022639
E 0 75,382,091 0.9277 81,256,970 20 501 0.047719314
F1 2 3,043,670 0.6186 4,920,255 12 34 0.146010329
F1 3 3,521,570 0.6931 5,080,897 10 15 0.230580481
F1 5 4,419,270 1.0103 4,374,216 3 5 0.000575238
Random Totals: 151,889,701 166,833,951 94 1,080
CATG D1 EXCEPTION VALUES: 2,828,200 1,425,144
CATG F1 EXCEPTION VALUES: 2,820,530 3,724,961
Total Test Values 157,538,431 171,984,056

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,599,203

Confidence Interval Values(5)

Local Test Value: 157,538,431 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 163,384,853 (State Test Value minus Margin of Error Percent)
State Upper Limit: 180,583,259 (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