taxes Property Tax Assistance

2023 Confidence Interval Detail

Titus 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 1,870,458 1.1236 1,664,701 9 49 0.154963714
A 2,164,041 1.0890 1,987,182 9 31 0.102428274
A 7,773,671 1.0835 7,174,593 8 76 0.011118200
A 10,050,732 1.1004 9,133,708 7 58 0.020906156
E 52,652,500 0.9513 55,347,945 20 364 0.012169778
F1 10,146,533 0.9433 10,756,422 8 36 0.053328218
G1 13,311,892 0.9837 13,532,471 8 24 0.000270101
Random Totals: 97,969,827 99,597,022 69 638
CATG D1 EXCEPTION VALUES: 2,729,972 2,852,635
CATG G1 EXCEPTION VALUES: 10,128,890 10,216,849
CATG J EXCEPTION VALUES: 2,568,370 2,130,568
Total Test Values 113,397,059 114,797,074

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,739,854

Confidence Interval Values(5)

Local Test Value: 113,397,059 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 109,057,220 (State Test Value minus Margin of Error Percent)
State Upper Limit: 120,536,928 (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