taxes Property Tax Assistance

2020 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 4,749,990 0.9344 5,083,465 20 105 0.094751282
Random Totals: 4,749,990 5,083,465 20 105
CATG D1 EXCEPTION VALUES: 4,866,190 2,861,642
CATG J EXCEPTION VALUES: 7,336,333 8,212,479
Total Test Values 16,952,513 16,157,586

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 807,879

Confidence Interval Values(5)

Local Test Value: 16,952,513 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 15,349,707 (State Test Value minus Margin of Error Percent)
State Upper Limit: 16,965,465 (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