taxes Property Tax Assistance

2021 Confidence Interval Detail

Hunt County
199-902/Royse City ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 102,148,236 0.9453 108,059,067 52 516 0.003730485
A 98,876,070 0.9743 101,484,214 47 430 0.001013707
A 132,628,136 0.9832 134,894,361 40 477 0.004375367
A 128,574,870 0.9883 130,097,005 28 306 0.003837066
E 192,560,305 0.9166 210,081,066 30 837 0.042662049
Random Totals: 654,787,617 684,615,713 197 2,566
CATG D1 EXCEPTION VALUES: 1,027,058 1,018,373
Total Test Values 655,814,675 685,634,086

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 34,281,704

Confidence Interval Values(5)

Local Test Value: 655,814,675 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 651,352,382 (State Test Value minus Margin of Error Percent)
State Upper Limit: 719,915,790 (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