taxes Property Tax Assistance

2021 Confidence Interval Detail

Panola County
183-904/Gary ISD

Category Summary

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

Stratum
Variance
A 14,474,880 0.6576 22,011,679 13 258 0.203481251
A 14,652,070 0.8299 17,655,224 13 141 0.021755454
A 14,898,010 1.0646 13,993,998 12 90 0.047011295
A 18,110,620 0.9671 18,726,729 11 61 0.019138912
E 19,928,900 0.8978 22,197,483 20 272 0.209898012
G1 6,645,951 0.9683 6,863,525 10 131 0.000152439
G1 6,600,060 0.9656 6,835,191 8 40 0.000081679
G1 7,077,580 0.9624 7,354,094 7 19 0.000139208
G1 6,010,950 0.9595 6,264,669 4 6 0.000028217
Random Totals: 108,399,021 121,902,592 98 1,018
CATG D1 EXCEPTION VALUES: 6,090,107 5,731,370
CATG J EXCEPTION VALUES: 428,490 417,423
Total Test Values 114,917,618 128,051,385

Margin of Error

Margin of Error Percent: 5.7234649
Margin of Error Value: 7,328,976

Confidence Interval Values(5)

Local Test Value: 114,917,618 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 120,722,409 (State Test Value minus Margin of Error Percent)
State Upper Limit: 135,380,361 (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