taxes Property Tax Assistance

2020 Confidence Interval Detail

Red River County
194-902/Avery ISD

Category Summary

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

Stratum
Variance
A 3,388,162 0.9224 3,673,203 15 118 0.024182196
A 3,782,291 0.9016 4,195,088 13 71 0.058482501
A 4,270,477 0.9937 4,297,552 16 54 0.040328408
A 5,209,666 1.0905 4,777,319 17 40 0.016483886
E 35,360,565 1.0202 34,660,424 22 521 0.053862822
Random Totals: 52,011,161 51,603,586 83 804
CATG D1 EXCEPTION VALUES: 11,767,202 10,243,458
CATG J EXCEPTION VALUES: 3,175,669 3,508,205
Total Test Values 66,954,032 65,355,249

Margin of Error

Margin of Error Percent: 5.2262230
Margin of Error Value: 3,415,611

Confidence Interval Values(5)

Local Test Value: 66,954,032 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 61,939,638 (State Test Value minus Margin of Error Percent)
State Upper Limit: 68,770,860 (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