taxes Property Tax Assistance

2024 Confidence Interval Detail

Hopkins County
112-909/Saltillo 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 3,316,400 1.0018 3,310,441 10 39 0.082719197
A 3 4,212,950 0.9603 4,387,119 9 31 0.098713399
A 4 6,773,220 0.9362 7,234,800 9 35 0.021914943
A 5 9,877,880 1.0382 9,514,429 7 32 0.017889528
E 0 92,331,620 0.9382 98,413,579 20 454 0.056417767
Random Totals: 116,512,070 122,860,368 55 591
CATG D1 EXCEPTION VALUES: 3,570,570 2,888,390
CATG J EXCEPTION VALUES: 1,915,712 2,000,496
Total Test Values 121,998,352 127,749,254

Margin of Error

Margin of Error Percent: 8.0962630
Margin of Error Value: 10,342,916

Confidence Interval Values(5)

Local Test Value: 121,998,352 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 117,406,338 (State Test Value minus Margin of Error Percent)
State Upper Limit: 138,092,170 (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