taxes Property Tax Assistance

2020 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 35,807,950 0.9678 36,999,328 15 784 0.078419630
A 41,076,590 1.0377 39,584,263 16 490 0.026434312
A 47,347,860 1.0205 46,396,727 16 392 0.042506670
A 58,533,312 1.0496 55,767,256 16 288 0.019942806
E 199,946,039 0.9590 208,494,306 33 2,535 0.137174123
F1 6,601,460 0.8387 7,871,062 15 100 0.042844609
F1 7,086,510 0.8819 8,035,503 15 40 0.038583531
F1 7,663,360 0.6373 12,024,729 12 20 0.569589649
F1 10,460,240 1.0263 10,192,570 5 10 0.002421000
G1 2,316,819 1.0228 2,265,173 9 73 0.003671738
G1 2,474,999 1.0355 2,390,149 5 9 0.002565218
Random Totals: 419,315,139 430,021,066 157 4,741
CATG D1 EXCEPTION VALUES: 23,230,600 21,056,518
CATG G1 EXCEPTION VALUES: 8,537,503 8,089,888
CATG J EXCEPTION VALUES: 29,848,810 34,818,091
Total Test Values 480,932,052 493,985,563

Margin of Error

Margin of Error Percent: 5.6121908
Margin of Error Value: 27,723,412

Confidence Interval Values(5)

Local Test Value: 480,932,052 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 466,262,151 (State Test Value minus Margin of Error Percent)
State Upper Limit: 521,708,975 (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