taxes Property Tax Assistance

2017 Confidence Interval Detail

097/Hamilton
097-903/Hico ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 10,480,879 0.8104 12,932,970 11 217 .174297009
A 10,159,940 0.9579 10,606,472 10 135 .014969051
A 10,518,550 1.0314 10,198,323 10 105 .036709434
A 10,631,360 0.9681 10,981,675 9 67 .017557976
E 37,247,031 0.7974 46,710,598 20 466 .167387407
F1 3,568,510 0.9450 3,776,201 8 48 .005926115
F1 3,208,180 0.9874 3,249,119 7 21 .002142593
F1 3,399,900 0.9410 3,613,071 6 13 .008923477
F1 4,001,510 0.9609 4,164,336 4 9 .009636620
Random Totals: 93,215,860   106,232,765 85 1,081  
Catg J Exception Values: 533,040   1,928,513      
Catg D1 Exception Values: 6,049,908   5,565,031      
Total Test Values (4): 99,798,808   113,726,309      

Margin of Error

Margin of Error Percent: 7.9698779
Margin of Error Value: 9,063,848

Confidence Interval Values (5)

Local Test Value: 99,798,808 (Outside Confidence Interval)
State Lower Limit: 104,662,461 (State Test Value minus Margin of Error Percent)
State Upper Limit: 122,790,157 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 102,551,408 (See ISD Summary Worksheet)

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
(6) Includes local value of unstudied property categories and sub-categories