taxes Property Tax Assistance

2019 Confidence Interval Detail

Hunt County
116-909/Wolfe City ISD

Category Summary

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

Stratum
Variance
A 5,949,960 0.8478 7,018,117 10 155 0.074133499
A 7,575,236 0.9963 7,603,368 8 119 0.022265655
A 9,899,860 0.8524 11,614,101 9 116 0.022099974
A 9,920,020 0.8180 12,127,164 8 78 0.068383473
E 102,960,508 0.9575 107,530,557 20 896 0.042465439
Random Totals: 136,305,584 145,893,307 55 1,364
CATG D1 EXCEPTION VALUES: 4,146,100 3,940,675
CATG J EXCEPTION VALUES: 521,958 538,379
Total Test Values(2) 140,973,642 150,372,361

Margin of Error

Margin of Error Percent: 6.7897783
Margin of Error Value: 10,209,950

Confidence Interval Values(5)

Local Test Value: 140,973,642 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 140,162,411 (State Test Value minus Margin of Error Percent)
State Upper Limit: 160,582,311 (State Test Value plus Margin of Error Percent)

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