taxes Property Tax Assistance

2024 Confidence Interval Detail

Hockley County
110-906/Smyer 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 3,331,210 0.7381 4,513,223 9 66 0.089739657
A 3 3,788,610 1.0603 3,573,149 10 46 0.037169926
A 4 4,655,610 0.9936 4,685,598 8 41 0.068628189
A 5 14,906,460 0.9008 16,548,024 8 71 0.065706189
E 0 82,243,517 0.5401 152,274,610 17 786 0.371311597
G1 0 23,134,310 1.0188 22,707,411 8 28 0.003325810
Random Totals: 132,059,717 204,302,015 60 1,038
CATG D1 EXCEPTION VALUES: 9,213,461 8,459,644
CATG J EXCEPTION VALUES: 7,729,130 8,144,190
Total Test Values 149,002,308 220,905,849

Margin of Error

Margin of Error Percent: 20.2553450
Margin of Error Value: 44,745,242

Confidence Interval Values(5)

Local Test Value: 149,002,308 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 176,160,607 (State Test Value minus Margin of Error Percent)
State Upper Limit: 265,651,091 (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