taxes Property Tax Assistance

2018 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 10,268,289 0.9117 11,262,794 15 210 .060776340
A 10,211,050 0.8054 12,678,234 14 135 .111090233
A 11,073,880 0.9980 11,096,072 15 110 .045823514
A 10,904,640 0.9804 11,122,644 15 67 .035150969
E 42,619,501 0.7785 54,745,666 20 490 .189628218
F1 3,556,550 0.8150 4,363,865 9 49 .090385778
F1 3,346,840 0.9659 3,464,996 7 22 .007848546
F1 3,489,461 0.9288 3,756,956 6 13 .009505781
F1 3,768,720 0.9682 3,892,502 5 8 .003057471
Random Totals: 99,238,931   116,383,729 106 1,104  
Catg J Exception Values: 4,570,812   4,702,158      
Catg D1 Exception Values: 5,978,277   5,260,908      
Total Test Values (4): 109,788,020   126,346,795      

Margin of Error

Margin of Error Percent: 8.5482936
Margin of Error Value: 10,800,495

Confidence Interval Values (5)

Local Test Value: 109,788,020 (Outside Confidence Interval)
State Lower Limit: 115,546,300 (State Test Value minus Margin of Error Percent)
State Upper Limit: 137,147,290 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 113,037,692 (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