taxes Property Tax Assistance

2024 Confidence Interval Detail

Runnels County
200-901/Ballinger 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 35,204,880 0.8496 41,437,006 12 599 0.107773118
A 3 38,330,840 0.9895 38,737,585 11 382 0.015911667
A 4 44,329,800 0.8768 50,558,622 12 311 0.036908461
A 5 50,329,320 0.9924 50,714,752 12 213 0.018133604
E 0 105,595,690 0.8464 124,758,613 20 982 0.042979554
F1 2 7,334,760 0.9276 7,907,245 11 128 0.015401968
F1 3 8,426,380 0.9781 8,615,050 12 65 0.001349949
F1 4 8,214,760 0.8052 10,202,136 9 24 0.330008781
F1 5 8,249,800 0.9905 8,328,925 6 9 0.001945920
Random Totals: 306,016,230 341,259,934 105 2,713
CATG D1 EXCEPTION VALUES: 38,218,170 25,784,947
CATG J EXCEPTION VALUES: 22,127,510 23,033,065
Total Test Values 366,361,910 390,077,946

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,503,897

Confidence Interval Values(5)

Local Test Value: 366,361,910 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 370,574,049 (State Test Value minus Margin of Error Percent)
State Upper Limit: 409,581,843 (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