taxes Property Tax Assistance

2023 Confidence Interval Detail

Navarro County
175-907/Kerens ISD

Category Summary

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

Stratum
Variance
A 58,290,330 0.9504 61,332,418 12 597 0.024943758
A 87,330,360 1.0606 82,340,524 13 387 0.033523578
A 58,191,400 1.0212 56,983,353 12 107 0.017175329
A 117,785,870 0.9870 119,337,254 12 114 0.016083478
C1 10,258,032 1.0047 10,210,045 12 372 0.038218957
C1 12,486,010 0.7806 15,995,401 12 175 0.221236747
C1 14,848,060 0.8857 16,764,209 12 135 0.038179866
C1 27,462,890 0.9504 28,896,138 13 116 0.044639663
E 180,354,407 1.0887 165,660,335 19 907 0.033800025
Random Totals: 567,007,359 557,519,677 117 2,910
CATG D1 EXCEPTION VALUES: 14,478,746 13,846,958
CATG J EXCEPTION VALUES: 57,257,260 59,533,343
Total Test Values 638,743,365 630,899,978

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 31,544,999

Confidence Interval Values(5)

Local Test Value: 638,743,365 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 599,354,979 (State Test Value minus Margin of Error Percent)
State Upper Limit: 662,444,977 (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