taxes Property Tax Assistance

2023 Confidence Interval Detail

Cherokee County
037-907/Rusk ISD

Category Summary

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

Stratum
Variance
A 48,903,410 0.9349 52,308,707 13 685 0.091678430
A 61,464,710 0.9433 65,159,239 17 495 0.043539282
A 77,973,430 0.9510 81,990,988 18 435 0.011841005
A 116,524,550 1.0094 115,439,419 16 401 0.018165254
E 338,965,416 0.8388 404,107,554 24 2,536 0.060853313
F1 12,129,603 0.7919 15,317,089 13 97 0.060859253
F1 12,991,050 0.9040 14,370,631 8 30 0.077095756
F1 13,249,500 0.9217 14,375,068 6 12 0.030724648
F1 11,475,704 1.0727 10,697,944 4 5 0.005862192
Random Totals: 693,677,373 773,766,639 119 4,696
CATG D1 EXCEPTION VALUES: 19,256,382 17,327,525
CATG J EXCEPTION VALUES: 1,477,545 1,490,943
Total Test Values 714,411,300 792,585,107

Margin of Error

Margin of Error Percent: 5.3654628
Margin of Error Value: 42,525,859

Confidence Interval Values(5)

Local Test Value: 714,411,300 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 750,059,248 (State Test Value minus Margin of Error Percent)
State Upper Limit: 835,110,966 (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