taxes Property Tax Assistance

2024 Confidence Interval Detail

Red River County
194-905/Detroit 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 10,212,054 0.9288 10,994,890 12 154 0.059494994
A 3 11,504,107 1.0441 11,018,204 12 97 0.009294253
A 4 11,451,563 1.0471 10,936,456 12 69 0.002786656
A 5 11,511,685 1.1419 10,081,167 11 40 0.053436165
E 0 83,778,039 0.9602 87,250,613 23 613 0.010219176
Random Totals: 128,457,448 130,281,330 70 973
CATG D1 EXCEPTION VALUES: 14,858,494 15,642,620
Total Test Values 143,315,942 145,923,950

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,296,198

Confidence Interval Values(5)

Local Test Value: 143,315,942 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 138,627,752 (State Test Value minus Margin of Error Percent)
State Upper Limit: 153,220,148 (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