taxes Property Tax Assistance

2016 Confidence Interval Detail

200/Runnels
200-902/Miles ISD

Category Summary

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

Stratum
Variance
A 5,023,440 0.9618 5,222,957 9 131 .026671287
A 5,142,280 0.9029 5,695,293 9 79 .025021861
A 5,348,080 1.0645 5,024,030 13 50 .013699033
A 5,753,690 0.8971 6,413,655 7 32 .026063013
E 11,367,630 0.9754 11,654,326 15 221 .141804598
Random Totals: 32,635,120   34,010,261 53 513  
Catg J Exception Values: 2,064,108   1,937,100      
Catg D1 Exception Values: 7,100,920   8,016,512      
Total Test Values (4): 41,800,148   43,963,873      

Margin of Error

Margin of Error Percent: 5.5834776
Margin of Error Value: 2,454,713

Confidence Interval Values (5)

State Lower Limit: 41,509,160 (State Test Value minus Margin of Error Percent)
Local Test Value: 41,800,148 (Within Confidence Interval)
State Upper Limit: 46,418,586 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 42,721,239 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories