taxes Property Tax Assistance

2019 Confidence Interval Detail

Runnels County
042-905/Panther Creek CISD

Category Summary

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

Stratum
Variance
E 4,355,790 1.0418 4,181,023 20 83 0.247188647
Random Totals: 4,355,790 4,181,023 20 83
CATG D1 EXCEPTION VALUES: 4,644,970 2,765,471
CATG J EXCEPTION VALUES: 1,175,546 1,014,203
Total Test Values(2) 10,176,306 7,960,697

Margin of Error

Margin of Error Percent: 10.6318350
Margin of Error Value: 846,368

Confidence Interval Values(5)

Local Test Value: 10,176,306 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 7,114,329 (State Test Value minus Margin of Error Percent)
State Upper Limit: 8,807,065 (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