taxes Property Tax Assistance

2024 Confidence Interval Detail

Hill County
109-907/Itasca 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 27,881,120 0.9467 29,450,850 12 307 0.028862525
A 3 29,384,470 0.9380 31,326,727 12 196 0.052085672
A 4 48,597,360 0.9596 50,643,351 12 227 0.003372763
A 5 40,457,030 1.0385 38,957,179 12 106 0.004875850
E 0 219,667,331 1.0328 212,691,064 20 987 0.123438085
F1 2 5,855,190 0.6521 8,978,976 9 42 0.054863592
F1 3 9,009,320 0.8589 10,489,370 6 20 0.094814221
F1 5 12,462,570 1.0180 12,242,210 3 5 0.001705046
Random Totals: 393,314,391 394,779,727 86 1,890
CATG D1 EXCEPTION VALUES: 11,750,031 8,440,550
CATG F1 EXCEPTION VALUES: 3,948,940 3,845,332
CATG J EXCEPTION VALUES: 11,481,392 12,041,177
Total Test Values 420,494,754 419,106,786

Margin of Error

Margin of Error Percent: 7.9792948
Margin of Error Value: 33,441,766

Confidence Interval Values(5)

Local Test Value: 420,494,754 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 385,665,020 (State Test Value minus Margin of Error Percent)
State Upper Limit: 452,548,552 (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