taxes Property Tax Assistance

2023 Confidence Interval Detail

Hunt County
116-906/Lone Oak ISD

Category Summary

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

Stratum
Variance
A 45,605,295 0.9836 46,365,692 10 333 0.024236975
A 52,151,527 1.0032 51,985,174 11 192 0.006545340
A 46,805,438 0.9867 47,436,341 10 115 0.001756442
A 72,018,861 0.9898 72,761,023 9 118 0.006227933
E 371,252,686 0.9486 391,369,055 23 1,511 0.042399357
Random Totals: 587,833,807 609,917,285 63 2,269
CATG D1 EXCEPTION VALUES: 3,695,260 4,485,402
Total Test Values 591,529,067 614,402,687

Margin of Error

Margin of Error Percent: 5.5277708
Margin of Error Value: 33,962,772

Confidence Interval Values(5)

Local Test Value: 591,529,067 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 580,439,915 (State Test Value minus Margin of Error Percent)
State Upper Limit: 648,365,459 (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