taxes Property Tax Assistance

2023 Confidence Interval Detail

Panola County
183-902/Carthage ISD

Category Summary

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

Stratum
Variance
A 136,386,270 0.6542 208,477,943 25 1,873 0.084044361
A 141,195,930 0.7566 186,618,993 33 1,030 0.029549362
A 147,675,060 0.8284 178,265,403 25 743 0.035831608
A 155,344,020 0.7893 196,812,391 21 462 0.056961629
G1 725,739,324 1.0037 723,063,987 10 1,000 0.000102495
G1 728,504,631 0.9964 731,136,723 10 109 0.000071966
G1 735,598,055 0.9999 735,671,622 9 54 0.000090265
G1 711,829,206 1.0049 708,358,251 8 34 0.000044042
Random Totals: 3,482,272,496 3,668,405,313 141 5,305
CATG D1 EXCEPTION VALUES: 44,479,810 38,964,227
CATG J EXCEPTION VALUES: 111,946,300 111,469,976
Total Test Values 3,638,698,606 3,818,839,516

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 190,941,976

Confidence Interval Values(5)

Local Test Value: 3,638,698,606 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,627,897,540 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,009,781,492 (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