taxes Property Tax Assistance

2021 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 43,940,630 1.1828 37,149,670 15 827 0.057402653
A 43,846,650 1.0634 41,232,509 16 463 0.024862478
A 51,382,780 0.9849 52,170,555 16 377 0.022337043
A 57,336,072 1.0494 54,637,004 16 257 0.036861413
E 216,245,980 0.9199 235,075,530 42 2,505 0.041837545
F1 8,797,450 0.8695 10,117,826 20 94 0.057467154
F1 10,528,100 0.8652 12,168,400 14 37 0.021896225
F1 9,971,280 0.8688 11,477,072 8 13 0.012486073
F1 8,919,540 0.9708 9,188,170 3 4 0.000695331
Random Totals: 450,968,482 463,216,736 150 4,577
CATG D1 EXCEPTION VALUES: 22,508,661 20,297,174
CATG J EXCEPTION VALUES: 1,109,250 1,169,411
Total Test Values 474,586,393 484,683,321

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,234,166

Confidence Interval Values(5)

Local Test Value: 474,586,393 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 460,449,155 (State Test Value minus Margin of Error Percent)
State Upper Limit: 508,917,487 (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