taxes Property Tax Assistance

2021 Confidence Interval Detail

Hardin County
100-907/Lumberton ISD

Category Summary

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

Stratum
Variance
A 210,727,360 0.9135 230,681,292 37 1,893 0.028424805
A 322,137,680 0.9516 338,522,152 70 1,788 0.013478186
A 336,239,470 0.9768 344,225,502 76 1,331 0.008700309
A 477,501,880 1.0046 475,315,429 75 1,233 0.004877216
E 123,502,400 0.9434 130,912,020 13 540 0.028531771
F1 33,773,180 0.7733 43,674,098 10 152 0.267464849
F1 38,379,180 0.9382 40,907,248 9 72 0.009608907
F1 33,572,720 0.9118 36,820,268 8 33 0.020859775
F1 38,379,050 0.9480 40,484,230 5 12 0.014298004
Random Totals: 1,614,212,920 1,681,542,239 303 7,054
CATG D1 EXCEPTION VALUES: 3,038,960 2,983,459
Total Test Values 1,617,251,880 1,684,525,698

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 84,226,285

Confidence Interval Values(5)

Local Test Value: 1,617,251,880 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,600,299,413 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,768,751,983 (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