taxes Property Tax Assistance

2023 Confidence Interval Detail

Panola County
102-906/Elysian Fields ISD

Category Summary

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

Stratum
Variance
A 14,363,860 0.5901 24,341,400 10 234 0.229064200
A 14,156,020 0.7622 18,572,579 10 119 0.051018599
A 14,623,950 0.9444 15,484,911 9 77 0.025816542
A 15,732,790 0.8871 17,735,081 9 47 0.018677478
G1 199,127,034 1.0029 198,551,235 9 41 0.000022610
G1 184,138,310 1.0071 182,840,145 7 19 0.000221974
G1 205,907,684 1.0109 203,687,490 7 16 0.000248770
G1 176,001,108 1.0028 175,509,681 5 9 0.000035221
Random Totals: 824,050,756 836,722,522 66 562
CATG D1 EXCEPTION VALUES: 6,220,578 5,330,621
CATG J EXCEPTION VALUES: 299,880 291,168
Total Test Values 830,571,214 842,344,311

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 42,117,216

Confidence Interval Values(5)

Local Test Value: 830,571,214 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 800,227,095 (State Test Value minus Margin of Error Percent)
State Upper Limit: 884,461,527 (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