taxes Property Tax Assistance

2020 Confidence Interval Detail

Runnels County
200-902/Miles ISD

Category Summary

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

Stratum
Variance
A 7,017,920 0.8055 8,712,502 16 139 0.049750871
A 6,876,210 0.9166 7,501,866 15 79 0.011709151
A 7,589,520 0.9123 8,319,106 15 53 0.021396515
A 7,880,830 1.1361 6,936,740 15 33 0.048420631
E 17,398,810 0.9290 18,728,536 20 285 0.038016373
F1 3,139,800 1.0621 2,956,219 8 37 0.005066107
Random Totals: 49,903,090 53,154,969 89 626
CATG D1 EXCEPTION VALUES: 9,154,450 8,047,691
CATG J EXCEPTION VALUES: 1,935,738 1,795,004
Total Test Values 60,993,278 62,997,664

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,149,883

Confidence Interval Values(5)

Local Test Value: 60,993,278 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 59,847,781 (State Test Value minus Margin of Error Percent)
State Upper Limit: 66,147,547 (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