taxes Property Tax Assistance

2024 Confidence Interval Detail

Hopkins County
112-901/Sulphur Springs 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 2 187,567,290 0.9390 199,752,173 25 1,918 0.030166320
A 3 276,117,130 0.9133 302,329,059 20 1,773 0.020813221
A 4 348,432,670 0.9697 359,320,068 61 1,524 0.013689990
A 5 408,345,120 1.0145 402,508,743 42 959 0.006821251
E 0 542,658,670 0.9611 564,622,485 28 2,568 0.014125078
F1 2 82,140,050 0.9354 87,812,754 10 352 0.022855699
F1 3 85,163,235 0.9006 94,562,775 10 122 0.013706922
F1 4 95,295,801 0.9130 104,376,562 10 51 0.027059179
F1 5 79,441,916 0.8803 90,244,139 7 16 0.005424616
L1 2 38,507,160 0.9335 41,250,305 10 274 0.012058820
L1 3 48,306,553 0.9419 51,286,286 10 45 0.002970441
L1 4 49,517,010 0.9239 53,595,638 5 10 0.004509937
L1 5 96,687,010 0.9962 97,055,822 2 4 0.000081873
Random Totals: 2,338,179,615 2,448,716,809 240 9,616
CATG D1 EXCEPTION VALUES: 14,789,980 11,970,685
Total Test Values 2,352,969,595 2,460,687,494

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 123,034,375

Confidence Interval Values(5)

Local Test Value: 2,352,969,595 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,337,653,119 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,583,721,869 (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