taxes Property Tax Assistance

2022 Confidence Interval Detail

Runnels County
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 5,097,260 0.8978 5,677,501 20 57 0.007847348
Random Totals: 5,097,260 5,677,501 20 57
CATG D1 EXCEPTION VALUES: 2,887,110 2,160,107
CATG J EXCEPTION VALUES: 11,490 11,611
Total Test Values 7,995,860 7,849,219

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 392,461

Confidence Interval Values(5)

Local Test Value: 7,995,860 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 7,456,758 (State Test Value minus Margin of Error Percent)
State Upper Limit: 8,241,680 (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