taxes Property Tax Assistance

2022 Confidence Interval Detail

Hood County
111-903/Tolar ISD

Category Summary

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

Stratum
Variance
A 9,717,477 0.8964 10,840,559 10 88 0.015068560
A 6,898,280 0.9006 7,659,649 9 38 0.037127702
A 4,995,680 0.9888 5,052,265 10 23 0.010860001
A 45,382,610 0.9363 48,470,159 17 161 0.031128146
E 249,786,910 0.9695 257,645,085 22 1,198 0.012054275
Random Totals: 316,780,957 329,667,717 68 1,508
CATG D1 EXCEPTION VALUES: 5,965,220 7,073,572
CATG J EXCEPTION VALUES: 13,646,290 14,124,634
Total Test Values 336,392,467 350,865,923

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,543,296

Confidence Interval Values(5)

Local Test Value: 336,392,467 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 333,322,627 (State Test Value minus Margin of Error Percent)
State Upper Limit: 368,409,219 (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