taxes Property Tax Assistance

2023 Confidence Interval Detail

Potter County
188-902/River Road ISD

Category Summary

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

Stratum
Variance
A 61,382,021 0.8833 69,491,703 10 490 0.047105202
A 67,054,113 0.9262 72,397,013 13 367 0.035174436
A 113,673,440 1.0329 110,052,706 17 504 0.011626139
A 177,777,358 1.0327 172,148,115 22 558 0.013113428
Random Totals: 419,886,932 424,089,537 62 1,919
CATG D1 EXCEPTION VALUES: 2,811,367 2,787,141
CATG J EXCEPTION VALUES: 21,182,480 21,621,529
Total Test Values 443,880,779 448,498,207

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,424,910

Confidence Interval Values(5)

Local Test Value: 443,880,779 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 426,073,297 (State Test Value minus Margin of Error Percent)
State Upper Limit: 470,923,117 (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