taxes Property Tax Assistance

2024 Confidence Interval Detail

Rains County
190-903/Rains 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 2 172,139,501 0.9566 179,949,301 21 1,683 0.068377766
A 3 187,852,095 0.9478 198,198,032 23 909 0.072667722
A 4 212,027,461 1.0044 211,098,627 17 631 0.071362191
A 5 228,198,839 1.0025 227,629,765 17 398 0.036261579
E 0 493,601,633 1.0099 488,762,880 22 2,966 0.042087733
F1 2 17,676,005 0.8598 20,558,275 11 122 0.068107536
F1 3 23,227,859 1.0041 23,133,014 9 71 0.010175434
F1 4 23,598,450 0.9631 24,502,596 9 38 0.019680787
F1 5 36,473,221 1.0749 33,931,734 6 21 0.009782467
Random Totals: 1,394,795,064 1,407,764,224 135 6,839
CATG D1 EXCEPTION VALUES: 12,142,192 11,463,292
Total Test Values 1,406,937,256 1,419,227,516

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 70,961,376

Confidence Interval Values(5)

Local Test Value: 1,406,937,256 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,348,266,140 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,490,188,892 (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