taxes Property Tax Assistance

2018 Confidence Interval Detail

200/Runnels
200-906/Olfen ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
E 4,003,970 0.9296 4,307,197 20 68 0.035851705
Random Totals: 4,003,970 4,307,197 20 68
CATG D1 EXCEPTION VALUES: 2,238,560 2,257,871
CATG J EXCEPTION VALUES: 15,003 15,958
Total Test Values(2) 6,257,533 6,581,026

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 329,051

Confidence Interval Values(5)

Local Test Value: 6,257,533 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 6,251,975 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,910,077 (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