taxes Property Tax Assistance

2024 Confidence Interval Detail

Runnels County
042-905/Panther Creek CISD

Category Summary

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

Stratum
Variance
E 0 6,984,470 0.7385 9,457,644 20 82 0.079741272
Random Totals: 6,984,470 9,457,644 20 82
CATG D1 EXCEPTION VALUES: 4,679,380 2,971,098
CATG J EXCEPTION VALUES: 1,463,880 1,542,872
Total Test Values 13,127,730 13,971,614

Margin of Error

Margin of Error Percent: 7.7678021
Margin of Error Value: 1,085,287

Confidence Interval Values(5)

Local Test Value: 13,127,730 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 12,886,327 (State Test Value minus Margin of Error Percent)
State Upper Limit: 15,056,901 (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