taxes Property Tax Assistance

2019 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 23,345,362 0.8908 26,207,187 13 310 0.023226100
A 28,532,291 1.0310 27,674,385 10 172 0.006032198
A 26,351,939 0.9477 27,806,203 8 95 0.015273885
A 34,336,230 0.9781 35,105,030 9 79 0.003150326
E 203,564,803 0.9581 212,467,178 27 1396 0.006582646
Random Totals: 316,130,625 329,259,983 67 2,052
CATG D1 EXCEPTION VALUES: 3,403,160 3,493,431
Total Test Values(1) 319,533,785 332,753,414

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,637,671

Confidence Interval Values(5)

Local Test Value: 319,533,785 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 316,115,743 (State Test Value minus Margin of Error Percent)
State Upper Limit: 349,391,085 (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