taxes Property Tax Assistance

2022 Confidence Interval Detail

Hale County
140-905/Olton ISD

Category Summary

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

Stratum
Variance
E 7,265,658 0.8604 8,444,512 20 78 0.099390686
Random Totals: 7,265,658 8,444,512 20 78
CATG D1 EXCEPTION VALUES: 4,984,914 3,135,901
CATG J EXCEPTION VALUES: 5,923,520 6,647,668
Total Test Values 18,174,092 18,228,081

Margin of Error

Margin of Error Percent: 5.8857854
Margin of Error Value: 1,072,866

Confidence Interval Values(5)

Local Test Value: 18,174,092 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 17,155,215 (State Test Value minus Margin of Error Percent)
State Upper Limit: 19,300,947 (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