taxes Property Tax Assistance

2018 Confidence Interval Detail

194/Red River
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 7,762,140 0.7945 9,769,843 15 275 0.048526197
A 7,528,558 0.9236 8,151,319 16 146 0.020893008
A 7,852,898 0.9953 7,889,981 17 103 0.023286598
A 7,752,939 1.0355 7,487,145 15 60 0.015177594
E 39,620,514 1.0443 37,939,782 20 556 0.031521282
Random Totals: 70,517,049 71,238,070 83 1,140
CATG D1 EXCEPTION VALUES: 12,019,610 11,528,235
CATG J EXCEPTION VALUES: 7,042,039 7,215,316
Total Test Values(2) 89,578,698 89,981,621

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,499,081

Confidence Interval Values(5)

Local Test Value: 89,578,698 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 85,482,540 (State Test Value minus Margin of Error Percent)
State Upper Limit: 94,480,702 (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