taxes Property Tax Assistance

2020 Confidence Interval Detail

Hood County
111-903/Tolar ISD

Category Summary

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

Stratum
Variance
A 9,404,300 1.0667 8,816,256 11 105 0.017733586
A 9,735,280 0.9767 9,967,523 11 62 0.014917052
A 15,877,980 1.0208 15,554,447 10 81 0.001395772
A 8,042,290 1.0239 7,854,566 10 32 0.008090282
E 169,769,749 0.9826 172,776,052 20 1,077 0.011349743
Random Totals: 212,829,599 214,968,844 62 1,357
CATG D1 EXCEPTION VALUES: 10,826,140 6,532,840
CATG J EXCEPTION VALUES: 12,098,990 12,911,368
Total Test Values 235,754,729 234,413,052

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,720,653

Confidence Interval Values(5)

Local Test Value: 235,754,729 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 222,692,399 (State Test Value minus Margin of Error Percent)
State Upper Limit: 246,133,705 (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