taxes Property Tax Assistance

2018 Confidence Interval Detail

112/Hopkins
112-901/Sulphur Springs ISD

Category Summary

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

Stratum
Variance
A 130,092,800 0.6546 198,736,328 19 2,306 .079472257
A 130,235,740 0.7125 182,787,004 21 1,375 .017115705
A 137,726,560 0.8933 154,177,275 22 961 .036559292
A 144,834,170 0.8869 163,303,834 17 565 .015197613
E 241,196,990 0.8192 294,429,919 20 2,453 .114621439
F1 53,323,554 0.6646 80,234,057 14 340 .100355887
F1 52,996,378 0.7420 71,423,690 10 115 .255418420
F1 55,719,170 0.8848 62,973,745 8 44 .069840523
F1 57,914,515 0.8709 66,499,615 7 19 .018189865
L1 31,945,350 0.9910 32,235,469 11 289 .006718907
L1 30,067,081 1.0342 29,072,792 8 45 .006220723
L1 30,444,660 1.0153 29,985,876 6 16 .003303298
L1 25,593,110 0.9724 26,319,529 3 5 .010550467
Random Totals: 1,122,090,078   1,392,179,133 166 8,533  
Catg D1 Exception Values: 18,205,250   19,488,142      
Total Test Values (4): 1,140,295,328   1,411,667,275      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 70,583,363

Confidence Interval Values (5)

Local Test Value: 1,140,295,328 (Outside Confidence Interval)
State Lower Limit: 1,341,083,912 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,482,250,638 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,494,585,470 (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