taxes Property Tax Assistance

2023 Confidence Interval Detail

Wood County
250-902/Hawkins ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 33,317,919 0.9855 33,808,137 11 378 0.021440927
A 41,412,880 1.0426 39,720,775 9 248 0.028621373
A 86,816,500 1.0770 80,609,564 13 361 0.016155412
A 93,578,390 0.9474 98,773,897 10 219 0.022705389
E 252,418,875 1.0444 241,687,931 15 1,931 0.018906993
G1 55,630,131 0.9906 56,158,016 8 38 0.000008689
Random Totals: 563,174,695 550,758,320 66 3,175
CATG D1 EXCEPTION VALUES: 7,472,894 6,627,175
CATG G1 EXCEPTION VALUES: 297,907,284 296,927,761
Total Test Values 868,554,873 854,313,256

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 42,715,663

Confidence Interval Values(5)

Local Test Value: 868,554,873 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 811,597,593 (State Test Value minus Margin of Error Percent)
State Upper Limit: 897,028,919 (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