taxes Property Tax Assistance

2022 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 7,251,900 0.8758 8,280,315 16 133 0.023896206
A 8,394,290 0.8990 9,337,364 17 89 0.019576869
A 8,062,390 0.9263 8,703,865 16 51 0.004630903
A 10,113,120 0.9531 10,610,765 16 40 0.016963954
E 18,605,710 0.9506 19,572,596 21 214 0.007149263
Random Totals: 52,427,410 56,504,905 86 527
CATG D1 EXCEPTION VALUES: 10,613,060 7,949,438
CATG J EXCEPTION VALUES: 3,618,090 3,336,420
Total Test Values 66,658,560 67,790,763

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,389,538

Confidence Interval Values(5)

Local Test Value: 66,658,560 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 64,401,225 (State Test Value minus Margin of Error Percent)
State Upper Limit: 71,180,301 (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