taxes Property Tax Assistance

2024 Confidence Interval Detail

Scurry County
208-901/Hermleigh 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
E 0 35,241,212 0.7843 44,933,332 11 333 0.181282461
G1 2 240,369,218 0.9997 240,441,350 9 45 0.000027614
Random Totals: 275,610,430 285,374,682 20 378
CATG D1 EXCEPTION VALUES: 13,765,160 13,272,613
CATG J EXCEPTION VALUES: 558,449 582,174
Total Test Values 289,934,039 299,229,469

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,961,473

Confidence Interval Values(5)

Local Test Value: 289,934,039 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 284,267,996 (State Test Value minus Margin of Error Percent)
State Upper Limit: 314,190,942 (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