taxes Property Tax Assistance

2020 Confidence Interval Detail

Hill County
109-903/Covington ISD

Category Summary

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

Stratum
Variance
A 5,348,370 0.7799 6,857,764 10 91 0.235184238
A 5,292,690 0.9444 5,604,288 9 52 0.059209520
A 5,800,030 1.0775 5,382,858 8 38 0.005446866
A 6,548,930 0.9923 6,599,748 8 29 0.005854183
E 64,132,150 0.8272 77,529,195 34 514 0.109397622
Random Totals: 87,122,170 101,973,853 69 724
CATG D1 EXCEPTION VALUES: 3,080,880 2,106,320
CATG J EXCEPTION VALUES: 5,850,360 7,009,563
Total Test Values 96,053,410 111,089,736

Margin of Error

Margin of Error Percent: 7.8800407
Margin of Error Value: 8,753,916

Confidence Interval Values(5)

Local Test Value: 96,053,410 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 102,335,820 (State Test Value minus Margin of Error Percent)
State Upper Limit: 119,843,652 (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