taxes Property Tax Assistance

2024 Confidence Interval Detail

Panola County
183-904/Gary ISD

Category Summary

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

Stratum
Variance
A 2 11,981,820 0.6514 18,393,951 12 188 0.146858425
A 3 17,235,710 0.9833 17,528,435 12 135 0.012578192
A 4 26,383,200 0.9785 26,962,902 13 141 0.054384974
A 5 62,788,420 0.9707 64,683,651 12 178 0.046140663
E 0 27,875,040 1.0230 27,248,328 15 246 0.032990563
G1 2 8,872,540 0.9997 8,875,203 10 114 0.000026044
G1 3 8,833,990 0.9982 8,849,920 8 38 0.000022716
G1 4 8,921,769 0.9981 8,938,753 7 16 0.000016199
G1 5 8,252,955 1.0016 8,239,771 3 4 0.000050529
Random Totals: 181,145,444 189,720,914 92 1,060
CATG D1 EXCEPTION VALUES: 5,599,531 4,553,041
CATG J EXCEPTION VALUES: 476,940 553,182
Total Test Values 187,221,915 194,827,137

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,741,357

Confidence Interval Values(5)

Local Test Value: 187,221,915 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 185,085,780 (State Test Value minus Margin of Error Percent)
State Upper Limit: 204,568,494 (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