taxes Property Tax Assistance

2019 Confidence Interval Detail

Walker County
093-905/Richards ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 4,657,601 0.9840 4,733,334 9 57 0.011201486
A 5,183,330 1.0488 4,942,153 10 36 0.010133712
A 5,879,900 1.1606 5,066,259 7 26 0.000260527
A 8,754,680 1.1054 7,919,920 5 25 0.004232542
E 26,978,549 1.0196 26,459,934 18 152 0.042581530
Random Totals: 51,454,060 49,121,600 49 296
CATG D1 EXCEPTION VALUES: 2,406,060 2,153,392
CATG J EXCEPTION VALUES: 1,065,805 1,613,442
Total Test Values(2) 54,925,925 52,888,434

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,644,422

Confidence Interval Values(5)

Local Test Value: 54,925,925 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 50,244,012 (State Test Value minus Margin of Error Percent)
State Upper Limit: 55,532,856 (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