taxes Property Tax Assistance

2020 Confidence Interval Detail

Red River County
194-903/Rivercrest ISD

Category Summary

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

Stratum
Variance
A 7,391,228 0.7251 10,193,391 13 246 0.098952156
A 8,611,815 0.8512 10,117,264 13 155 0.063162337
A 8,194,309 1.0128 8,090,747 15 102 0.023819299
A 12,352,772 1.0158 12,160,634 17 89 0.041971445
E 48,767,769 1.0644 45,817,145 22 580 0.052828214
Random Totals: 85,317,893 86,379,181 80 1,172
CATG D1 EXCEPTION VALUES: 12,957,206 11,067,457
CATG J EXCEPTION VALUES: 12,205,916 13,671,722
Total Test Values 110,481,015 111,118,360

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,555,918

Confidence Interval Values(5)

Local Test Value: 110,481,015 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 105,562,442 (State Test Value minus Margin of Error Percent)
State Upper Limit: 116,674,278 (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