taxes Property Tax Assistance

2022 Confidence Interval Detail

Red River County
194-905/Detroit ISD

Category Summary

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

Stratum
Variance
A 5,576,337 0.9028 6,176,714 14 118 0.100951481
A 6,553,345 1.0673 6,140,115 12 76 0.039079127
A 9,264,518 1.0155 9,123,110 15 78 0.031433814
A 21,048,372 1.1210 18,776,425 11 104 0.009790678
E 74,521,107 1.0219 72,924,070 22 594 0.049779482
Random Totals: 116,963,679 113,140,434 74 970
CATG D1 EXCEPTION VALUES: 15,455,164 13,051,715
Total Test Values 132,418,843 126,192,149

Margin of Error

Margin of Error Percent: 5.5570343
Margin of Error Value: 7,012,541

Confidence Interval Values(5)

Local Test Value: 132,418,843 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 119,179,608 (State Test Value minus Margin of Error Percent)
State Upper Limit: 133,204,690 (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