taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
037/Cherokee
037-907/Rusk ISD

Category Summary

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

Stratum
Variance
A 30,816,390 0.9644 31,953,951 10 801 .057663913
A 31,486,070 0.9475 33,230,681 10 464 .007033617
A 32,409,240 0.9753 33,230,022 11 332 .009776161
A 34,928,950 0.9839 35,500,508 10 230 .001811504
E 132,055,190 0.9765 135,233,169 15 2,372 .016743934
F1 5,570,840 0.8966 6,213,295 9 95 .015085159
F1 5,448,040 0.9435 5,774,287 9 36 .005348811
F1 5,901,000 0.9635 6,124,546 6 18 .001713702
F1 5,224,120 0.9463 5,520,575 5 6 .002054933
G1 1,839,496 0.9504 1,935,497 9 32 .044176464
G1 1,969,988 0.9538 2,065,410 6 13 .122338182
G1 1,841,454 0.9834 1,872,538 3 5 .009710531
Random Totals: 289,490,778   298,654,479 103 4,404  
Catg J Exception Values: 844,678   990,557      
Catg D1 Exception Values: 18,422,151   20,011,707      
Catg G1 Exception Values: 23,637,129   23,406,936      
Total Test Values (4): 332,394,736   343,063,679      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,153,183

Confidence Interval Values (5)

State Lower Limit: 325,910,496 (State Test Value minus Margin of Error Percent)
Local Test Value: 332,394,736 (Within Confidence Interval)
State Upper Limit: 360,216,862 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 352,255,693 (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