taxes Property Tax Assistance

2024 Confidence Interval Detail

Rusk County
201-903/Laneville 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 10,431,640 0.9193 11,347,373 12 143 0.017317092
A 3 13,956,960 0.9670 14,433,257 12 107 0.025285747
A 4 11,895,760 1.0429 11,406,424 12 64 0.008723143
A 5 20,842,280 0.9816 21,232,967 12 70 0.016311441
E 0 57,993,840 1.1033 52,563,981 22 433 0.244502717
Random Totals: 115,120,480 110,984,002 70 817
CATG D1 EXCEPTION VALUES: 7,774,284 7,178,677
CATG J EXCEPTION VALUES: 11,716,370 19,292,932
Total Test Values 134,611,134 137,455,611

Margin of Error

Margin of Error Percent: 7.9880082
Margin of Error Value: 10,979,965

Confidence Interval Values(5)

Local Test Value: 134,611,134 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 126,475,646 (State Test Value minus Margin of Error Percent)
State Upper Limit: 148,435,576 (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