taxes Property Tax Assistance

2021 Confidence Interval Detail

Hunt County
116-906/Lone Oak ISD

Category Summary

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

Stratum
Variance
A 31,156,184 0.9681 32,182,816 11 324 0.010816724
A 41,078,623 1.0118 40,599,548 21 207 0.012486429
A 30,421,907 0.9127 33,331,771 10 98 0.010384071
A 39,473,618 1.0389 37,995,590 9 82 0.011475617
E 251,833,266 0.9346 269,455,667 31 1,454 0.017338086
Random Totals: 393,963,598 413,565,392 82 2,165
CATG D1 EXCEPTION VALUES: 3,417,070 3,890,895
Total Test Values 397,380,668 417,456,287

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 20,872,814

Confidence Interval Values(5)

Local Test Value: 397,380,668 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 396,583,473 (State Test Value minus Margin of Error Percent)
State Upper Limit: 438,329,101 (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