taxes Property Tax Assistance

2023 Confidence Interval Detail

Runnels County
042-905/Panther Creek CISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
E 7,057,850 0.8651 8,158,421 21 84 0.049286881
Random Totals: 7,057,850 8,158,421 21 84
CATG D1 EXCEPTION VALUES: 4,477,070 2,884,599
CATG J EXCEPTION VALUES: 1,642,070 1,637,848
Total Test Values 13,176,990 12,680,868

Margin of Error

Margin of Error Percent: 5.6279452
Margin of Error Value: 713,672

Confidence Interval Values(5)

Local Test Value: 13,176,990 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 11,967,196 (State Test Value minus Margin of Error Percent)
State Upper Limit: 13,394,540 (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