taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
194/Red River
194-903/Rivercrest ISD

Category Summary

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

Stratum
Variance
A 7,884,418 0.9015 8,745,888 10 293 .084034560
A 7,795,637 0.9992 7,801,879 10 154 .023795315
A 7,757,204 0.9534 8,136,358 9 102 .042306704
A 7,707,487 1.0194 7,560,807 9 60 .006649437
E 36,955,154 0.9457 39,077,037 15 531 .054652777
Random Totals: 68,099,900   71,321,969 53 1,140  
Catg J Exception Values: 5,833,172   5,799,653      
Catg D1 Exception Values: 10,939,453   10,272,606      
Total Test Values (4): 84,872,525   87,394,228      

Margin of Error

Margin of Error Percent: 5.8557803
Margin of Error Value: 5,117,614

Confidence Interval Values (5)

State Lower Limit: 82,276,614 (State Test Value minus Margin of Error Percent)
Local Test Value: 84,872,525 (Within Confidence Interval)
State Upper Limit: 92,511,842 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 83,560,552 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories