taxes Property Tax Assistance

2025 Confidence Interval Detail

Erath County
097-903/Hico 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 0 120,749,270 0.9439 127,925,914 29 438 38,694,683,250
Random Totals: 120,749,270 127,925,914 29 438
CATG D1 EXCEPTION VALUES: 4,191,980 3,397,619
CATG J EXCEPTION VALUES: 42,685 44,090
Total Test Values 124,983,935 131,367,623

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,568,381

Confidence Interval Values(5)

Local Test Value: 124,983,935 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 124,799,242 (State Test Value minus Margin of Error Percent)
State Upper Limit: 137,936,004 (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