taxes Property Tax Assistance

2018 Confidence Interval Detail

112/Hopkins
112-905/Cumby ISD

Category Summary

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

Stratum
Variance
A 4,955,940 0.9276 5,342,755 18 130 .030071552
A 4,852,970 0.9649 5,029,506 19 78 .025005825
A 5,254,760 0.9562 5,495,461 18 62 .025048779
A 5,971,990 0.9168 6,513,951 17 45 .020192789
E 40,502,000 0.8674 46,693,567 24 498 .036981277
Random Totals: 61,537,660   69,075,240 96 813  
Catg J Exception Values: 6,814,826   7,240,009      
Catg D1 Exception Values: 4,508,820   4,828,125      
Total Test Values (4): 72,861,306   81,143,374      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,057,168

Confidence Interval Values (5)

Local Test Value: 72,861,306 (Outside Confidence Interval)
State Lower Limit: 77,086,206 (State Test Value minus Margin of Error Percent)
State Upper Limit: 85,200,542 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 76,722,245 (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