taxes Property Tax Assistance

2022 Confidence Interval Detail

Hill County
109-914/Penelope ISD

Category Summary

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

Stratum
Variance
A 2,006,400 0.6914 2,901,938 14 55 0.244686223
A 2,075,400 0.7369 2,816,393 11 32 0.161042056
A 3,596,150 1.0039 3,582,179 10 35 0.007921811
A 3,964,600 0.9722 4,077,967 8 20 0.031277417
E 25,050,970 0.9118 27,474,194 31 244 0.096092994
Random Totals: 36,693,520 40,852,671 74 386
CATG D1 EXCEPTION VALUES: 5,233,490 3,953,677
CATG J EXCEPTION VALUES: 907,320 980,225
Total Test Values 42,834,330 45,786,573

Margin of Error

Margin of Error Percent: 6.5716861
Margin of Error Value: 3,008,950

Confidence Interval Values(5)

Local Test Value: 42,834,330 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 42,777,623 (State Test Value minus Margin of Error Percent)
State Upper Limit: 48,795,523 (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