taxes Property Tax Assistance

2024 Confidence Interval Detail

Hopkins County
112-908/Como-Pickton CISD

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 14,034,790 0.9466 14,826,527 12 180 0.038383586
A 3 15,558,290 0.8228 18,908,957 12 118 0.044598545
A 4 22,492,100 0.9405 23,915,045 12 126 0.058080038
A 5 31,028,000 0.9347 33,195,678 12 108 0.032674989
E 0 210,950,530 1.0043 210,047,326 20 1,222 0.003558289
Random Totals: 294,063,710 300,893,533 68 1,754
CATG D1 EXCEPTION VALUES: 7,556,780 6,141,008
Total Test Values 301,620,490 307,034,541

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,351,727

Confidence Interval Values(5)

Local Test Value: 301,620,490 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 291,682,814 (State Test Value minus Margin of Error Percent)
State Upper Limit: 322,386,268 (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