taxes Property Tax Assistance

2024 Confidence Interval Detail

Hill County
109-910/Mount Calm 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 2,817,520 0.8073 3,490,053 12 51 0.052704650
A 3 4,318,270 0.8824 4,893,778 12 44 0.028924487
A 4 6,286,800 0.9745 6,451,308 12 43 0.026391543
A 5 7,215,710 0.9911 7,280,507 10 29 0.018211591
E 0 39,642,010 1.0198 38,872,338 20 237 0.047165237
Random Totals: 60,280,310 60,987,984 66 404
CATG D1 EXCEPTION VALUES: 2,238,700 1,256,997
Total Test Values 62,519,010 62,244,981

Margin of Error

Margin of Error Percent: 5.9899001
Margin of Error Value: 3,728,412

Confidence Interval Values(5)

Local Test Value: 62,519,010 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 58,516,569 (State Test Value minus Margin of Error Percent)
State Upper Limit: 65,973,393 (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