taxes Property Tax Assistance

2023 Confidence Interval Detail

Hamilton County
050-901/Evant ISD

Category Summary

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

Stratum
Variance
A 2,511,800 0.7541 3,330,858 12 32 0.031676562
A 1,434,560 0.8429 1,701,934 8 12 0.022776935
A 2,318,430 0.8577 2,703,078 7 13 0.068493404
A 2,600,490 1.0225 2,543,267 4 8 0.003503941
E 39,395,287 0.8294 47,498,537 20 256 0.295983316
Random Totals: 48,260,567 57,777,674 51 321
CATG D1 EXCEPTION VALUES: 4,545,172 3,895,722
Total Test Values 52,805,739 61,673,396

Margin of Error

Margin of Error Percent: 18.0983170
Margin of Error Value: 11,161,847

Confidence Interval Values(5)

Local Test Value: 52,805,739 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 50,511,549 (State Test Value minus Margin of Error Percent)
State Upper Limit: 72,835,243 (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