taxes Property Tax Assistance

2023 Confidence Interval Detail

Gregg County
092-907/Spring Hill ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 79,609,983 0.9489 83,897,126 15 470 0.011672828
A 199,665,523 0.9527 209,578,590 29 827 0.007917076
A 204,657,931 0.9481 215,861,123 31 610 0.004265516
A 271,866,790 0.9657 281,523,030 28 505 0.002045992
B 3,075,450 0.7947 3,869,951 8 23 0.021774347
B 20,790,040 0.9235 22,512,225 11 137 0.018457561
B 11,701,800 0.9597 12,193,185 10 53 0.019163639
B 17,241,300 1.0015 17,215,477 7 31 0.000262181
E 53,104,686 0.9165 57,942,920 16 235 0.022373041
Random Totals: 861,713,503 904,593,627 155 2,891
CATG D1 EXCEPTION VALUES: 229,335 258,029
Total Test Values 861,942,838 904,851,656

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 45,242,583

Confidence Interval Values(5)

Local Test Value: 861,942,838 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 859,609,073 (State Test Value minus Margin of Error Percent)
State Upper Limit: 950,094,239 (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