taxes Property Tax Assistance

2023 Confidence Interval Detail

Panola County
201-910/Tatum ISD

Category Summary

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

Stratum
Variance
A 1,980,910 0.6859 2,888,045 8 27 0.016768444
A 1,485,470 0.8325 1,784,348 6 11 0.021756684
A 2,549,900 0.8393 3,038,127 5 12 0.037730059
A 1,531,400 0.7590 2,017,655 3 4 0.008175932
G1 86,844,597 0.9919 87,553,783 10 19 0.000036575
Random Totals: 94,392,277 97,281,958 32 73
CATG D1 EXCEPTION VALUES: 1,222,210 1,165,854
CATG J EXCEPTION VALUES: 2,250 2,320
Total Test Values 95,616,737 98,450,132

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,922,507

Confidence Interval Values(5)

Local Test Value: 95,616,737 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 93,527,625 (State Test Value minus Margin of Error Percent)
State Upper Limit: 103,372,639 (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