taxes Property Tax Assistance

2020 Confidence Interval Detail

Hill County
109-914/Penelope ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 1,923,410 0.8559 2,247,237 9 60 0.013768096
A 1,708,660 0.9933 1,720,185 8 29 0.018681625
A 2,234,360 0.9314 2,398,926 7 23 0.017034533
A 2,310,330 0.9837 2,348,612 6 13 0.013702675
D2 1,687,700 0.9955 1,695,329 10 87 0.000618783
E 20,845,740 0.9980 20,887,515 20 247 0.065248741
Random Totals: 30,710,200 31,297,804 60 459
CATG D1 EXCEPTION VALUES: 5,423,300 3,619,108
CATG J EXCEPTION VALUES: 1,086,100 1,241,134
Total Test Values 37,219,600 36,158,046

Margin of Error

Margin of Error Percent: 6.4103955
Margin of Error Value: 2,317,874

Confidence Interval Values(5)

Local Test Value: 37,219,600 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 33,840,172 (State Test Value minus Margin of Error Percent)
State Upper Limit: 38,475,920 (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