taxes Property Tax Assistance

2020 Confidence Interval Detail

Hopkins County
112-901/Sulphur Springs ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 147,550,140 0.7720 191,127,124 12 2,423 0.100535689
A 142,119,870 0.8365 169,898,231 23 1,300 0.124400602
A 165,384,770 0.9430 175,381,516 53 977 0.013078501
A 159,514,030 1.0256 155,532,401 24 515 0.088495112
E 261,324,080 0.8526 306,502,557 19 2,460 0.063753570
F1 57,503,174 0.6480 88,739,466 15 344 0.210190195
F1 59,030,780 0.6134 96,235,377 15 115 0.156969201
F1 63,386,980 0.7077 89,567,585 15 45 0.167675991
F1 59,332,175 0.8048 73,722,881 9 16 0.199081107
L1 31,818,910 0.9706 32,782,722 11 294 0.018048495
L1 32,166,140 1.0560 30,460,360 11 52 0.026215239
L1 19,968,370 0.9967 20,034,484 7 11 0.000333926
L1 47,443,630 0.9977 47,553,002 5 10 0.001256855
Random Totals: 1,246,543,049 1,477,537,706 219 8,562
CATG D1 EXCEPTION VALUES: 18,649,244 16,267,507
Total Test Values 1,265,192,293 1,493,805,213

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 74,690,261

Confidence Interval Values(5)

Local Test Value: 1,265,192,293 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 1,419,114,952 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,568,495,474 (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