taxes Property Tax Assistance

2024 Confidence Interval Detail

Cherokee County
037-907/Rusk ISD

Category Summary

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

Stratum
Variance
A 2 74,587,200 1.0309 72,351,537 12 836 0.053512179
A 3 78,640,720 1.0200 77,098,745 12 509 0.026380161
A 4 81,361,214 1.0402 78,216,895 13 373 0.022319965
A 5 86,987,080 1.0440 83,320,958 12 258 0.016585212
E 0 397,591,346 0.9752 407,702,365 20 2,667 0.045864919
F1 2 17,802,601 0.9542 18,657,096 10 110 0.014760391
F1 3 13,901,720 0.9023 15,406,982 8 28 0.050780642
F1 4 14,400,180 1.0021 14,370,003 7 13 0.012191963
F1 5 10,965,050 1.0287 10,659,133 3 4 0.001941821
Random Totals: 776,237,111 777,783,714 97 4,798
CATG D1 EXCEPTION VALUES: 18,989,622 17,100,095
CATG J EXCEPTION VALUES: 1,388,570 1,463,131
Total Test Values 796,615,303 796,346,940

Margin of Error

Margin of Error Percent: 5.1992797
Margin of Error Value: 41,404,305

Confidence Interval Values(5)

Local Test Value: 796,615,303 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 754,942,635 (State Test Value minus Margin of Error Percent)
State Upper Limit: 837,751,245 (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