taxes Property Tax Assistance

2023 Confidence Interval Detail

Panola County
183-904/Gary ISD

Category Summary

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

Stratum
Variance
A 15,990,850 0.5875 27,218,468 12 268 0.149329894
A 17,954,520 0.6076 29,549,901 12 155 0.030780071
A 18,380,270 0.7324 25,095,945 12 102 0.052540401
A 18,910,420 0.7378 25,630,821 12 57 0.061110583
E 19,344,120 0.8101 23,878,682 20 262 0.028111173
G1 19,378,490 0.9937 19,501,348 10 105 0.000124602
G1 19,357,710 1.0045 19,270,991 8 36 0.000157299
G1 19,466,690 1.0006 19,455,017 7 17 0.000087844
Random Totals: 148,783,070 189,601,173 93 1,002
CATG D1 EXCEPTION VALUES: 5,697,011 4,683,116
CATG G1 EXCEPTION VALUES: 18,667,210 18,602,714
CATG J EXCEPTION VALUES: 449,110 463,269
Total Test Values 173,596,401 213,350,272

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,667,514

Confidence Interval Values(5)

Local Test Value: 173,596,401 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 202,682,758 (State Test Value minus Margin of Error Percent)
State Upper Limit: 224,017,786 (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