taxes Property Tax Assistance

2020 Confidence Interval Detail

Potter County
188-902/River Road ISD

Category Summary

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

Stratum
Variance
A 57,162,298 0.9172 62,322,610 17 634 0.039257207
A 60,847,610 0.9811 62,019,784 17 455 0.015144577
A 68,961,314 0.9573 72,037,307 21 428 0.015475163
A 78,428,346 0.9614 81,577,227 13 351 0.018792968
Random Totals: 265,399,568 277,956,928 68 1,868
CATG D1 EXCEPTION VALUES: 2,607,577 2,935,878
CATG J EXCEPTION VALUES: 24,114,613 25,466,351
Total Test Values 292,121,758 306,359,157

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,317,958

Confidence Interval Values(5)

Local Test Value: 292,121,758 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 291,041,199 (State Test Value minus Margin of Error Percent)
State Upper Limit: 321,677,115 (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