taxes Property Tax Assistance

2018 Confidence Interval Detail

200/Runnels
200-906/Olfen ISD

Category Summary

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

Stratum
Variance
E 4,003,970 0.9296 4,307,197 20 68 .035851705
Random Totals: 4,003,970   4,307,197 20 68  
Catg J Exception Values: 15,003   15,958      
Catg D1 Exception Values: 2,238,560   2,257,871      
Total Test Values (4): 6,257,533   6,581,026      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 329,051

Confidence Interval Values (5)

State Lower Limit: 6,251,975 (State Test Value minus Margin of Error Percent)
Local Test Value: 6,257,533 (Within Confidence Interval)
State Upper Limit: 6,910,077 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 10,580,162 (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