taxes Property Tax Assistance

2024 Confidence Interval Detail

Red River County
194-903/Rivercrest 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 16,898,913 0.8713 19,395,057 12 251 0.077550067
A 3 17,243,033 0.9972 17,291,449 12 143 0.025520834
A 4 17,416,430 0.9105 19,128,424 12 101 0.030662790
A 5 17,086,303 1.0529 16,227,850 12 61 0.009927719
E 0 93,245,932 0.9988 93,357,962 20 617 0.010177716
Random Totals: 161,890,611 165,400,742 68 1,173
CATG D1 EXCEPTION VALUES: 13,015,718 14,234,973
Total Test Values 174,906,329 179,635,715

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,981,786

Confidence Interval Values(5)

Local Test Value: 174,906,329 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 170,653,929 (State Test Value minus Margin of Error Percent)
State Upper Limit: 188,617,501 (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