taxes Property Tax Assistance

2018 Confidence Interval Detail

112/Hopkins
112-906/North Hopkins ISD

Category Summary

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

Stratum
Variance
A 5,192,950 0.8816 5,890,370 12 122 .057411378
A 4,922,810 0.9285 5,301,896 12 71 .015036430
A 5,529,460 0.8697 6,357,894 10 57 .023187997
A 5,943,330 0.9759 6,090,101 10 32 .007053451
E 59,373,460 0.9732 61,008,487 21 852 .029552623
Random Totals: 80,962,010   84,648,748 65 1,134  
Catg D1 Exception Values: 6,294,920   6,740,376      
Total Test Values (4): 87,256,930   91,389,124      

Margin of Error

Margin of Error Percent: 5.0774773
Margin of Error Value: 4,640,262

Confidence Interval Values (5)

State Lower Limit: 86,748,862 (State Test Value minus Margin of Error Percent)
Local Test Value: 87,256,930 (Within Confidence Interval)
State Upper Limit: 96,029,386 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 86,758,578 (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