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 0.8090 43,516,539 12 599 0.088223080
A 3 38,330,840 0.9497 40,360,998 12 382 0.015785201
A 4 44,329,800 0.8506 52,115,918 12 311 0.036675360
A 5 50,329,320 0.9744 51,651,601 12 213 0.018105919
E 0 105,595,690 0.8274 127,623,507 21 982 0.050970650
F1 2 7,334,760 0.9130 8,033,691 12 128 0.010386846
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: 306,016,230 350,448,365 108 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 366,361,910 399,266,377

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,963,319

Confidence Interval Values(5)

Local Test Value: 366,361,910 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 379,303,058 (State Test Value minus Margin of Error Percent)
State Upper Limit: 419,229,696 (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