taxes Property Tax Assistance

2023 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 7,607,892 1.0201 7,457,986 9 53 0.016379494
A 9,579,130 1.1652 8,221,018 8 39 0.018810486
A 6,535,845 1.1305 5,781,375 8 18 0.016299114
A 18,760,480 0.9636 19,469,157 7 35 0.045300736
E 46,242,171 1.0482 44,115,790 20 172 0.005006538
Random Totals: 88,725,518 85,045,326 52 317
CATG D1 EXCEPTION VALUES: 2,300,711 1,654,102
CATG J EXCEPTION VALUES: 1,314,303 1,513,672
Total Test Values 92,340,532 88,213,100

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,410,655

Confidence Interval Values(5)

Local Test Value: 92,340,532 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 83,802,445 (State Test Value minus Margin of Error Percent)
State Upper Limit: 92,623,755 (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