taxes Property Tax Assistance

2024 Confidence Interval Detail

Red River County
194-902/Avery 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 6,832,601 0.8459 8,077,315 12 115 0.137220230
A 3 7,308,104 1.0930 6,686,280 13 67 0.024172693
A 4 7,570,129 1.1076 6,834,714 12 47 0.020356543
A 5 7,736,592 0.9530 8,118,145 12 33 0.046312038
E 0 61,142,875 0.9170 66,677,072 21 542 0.074378481
Random Totals: 90,590,301 96,393,526 70 804
CATG D1 EXCEPTION VALUES: 11,648,708 12,320,328
Total Test Values 102,239,009 108,713,854

Margin of Error

Margin of Error Percent: 7.3611792
Margin of Error Value: 8,002,622

Confidence Interval Values(5)

Local Test Value: 102,239,009 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 100,711,232 (State Test Value minus Margin of Error Percent)
State Upper Limit: 116,716,476 (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