taxes Property Tax Assistance

2021 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 5,432,193 0.9875 5,500,955 9 57 0.024458451
A 7,385,150 1.0368 7,123,023 12 42 0.036051239
A 7,839,800 1.0128 7,740,719 10 28 0.012175870
A 8,283,390 0.9722 8,520,253 6 19 0.015640912
E 31,090,711 0.8924 34,839,434 20 158 0.008384155
Random Totals: 60,031,244 63,724,384 57 304
CATG D1 EXCEPTION VALUES: 2,504,189 1,937,602
CATG J EXCEPTION VALUES: 1,257,218 1,439,521
Total Test Values 63,792,651 67,101,507

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,355,075

Confidence Interval Values(5)

Local Test Value: 63,792,651 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 63,746,432 (State Test Value minus Margin of Error Percent)
State Upper Limit: 70,456,582 (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