taxes Property Tax Assistance

2018 Confidence Interval Detail

128/Karnes
128-903/Runge ISD

Category Summary

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

Stratum
Variance
G1 76,686,269 1.0093 75,979,658 15 94 .000264845
G1 78,283,939 1.0171 76,967,790 14 39 .002832516
G1 82,509,221 1.0085 81,813,804 9 16 .001168897
G1 67,295,288 0.9941 67,694,687 5 6 .000456476
Random Totals: 304,774,717   302,455,939 43 155  
Catg J Exception Values: 400   425      
Catg D1 Exception Values: 3,360,595   3,243,387      
Total Test Values (4): 308,135,712   305,699,751      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,284,987

Confidence Interval Values (5)

State Lower Limit: 290,414,764 (State Test Value minus Margin of Error Percent)
Local Test Value: 308,135,712 (Within Confidence Interval)
State Upper Limit: 320,984,738 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 428,528,806 (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, 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
(6) Includes local value of unstudied property categories and sub-categories