taxes Property Tax Assistance

2018 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 4,820,960 0.7718 6,246,385 15 116 0.027544018
A 6,940,490 0.8792 7,894,097 15 97 0.023303742
A 5,497,510 0.9913 5,545,758 17 47 0.025740533
A 7,994,370 1.0980 7,280,847 15 40 0.030286789
E 15,203,960 0.9646 15,761,932 21 262 0.104217001
Random Totals: 40,457,290 42,729,019 83 562
CATG D1 EXCEPTION VALUES: 8,310,710 8,166,792
CATG J EXCEPTION VALUES: 1,863,390 1,890,410
Total Test Values(2) 50,631,390 52,786,221

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,639,311

Confidence Interval Values(5)

Local Test Value: 50,631,390 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 50,146,910 (State Test Value minus Margin of Error Percent)
State Upper Limit: 55,425,532 (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