taxes Property Tax Assistance

2023 Confidence Interval Detail

Collingsworth County
065-902/Hedley ISD

Category Summary

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

Stratum
Variance
A 514,990 0.5802 887,608 12 13 0.097165682
D2 1,040,530 1.1335 917,980 8 37 0.161522278
E 2,159,890 1.0385 2,079,817 20 37 0.032675775
Random Totals: 3,715,410 3,885,405 40 87
CATG A EXCEPTION VALUES: 139,940 162,506
CATG D1 EXCEPTION VALUES: 8,414,316 8,212,591
Total Test Values 12,269,666 12,260,502

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 613,025

Confidence Interval Values(5)

Local Test Value: 12,269,666 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 11,647,477 (State Test Value minus Margin of Error Percent)
State Upper Limit: 12,873,527 (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