taxes Property Tax Assistance

2016 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 7,633,961 0.9531 8,009,612 15 277 .040829128
A 7,985,161 0.8314 9,604,476 15 155 .038083194
A 7,038,172 0.8896 7,911,614 11 93 .019107700
A 7,891,260 0.9613 8,208,946 13 63 .065797136
E 38,229,198 0.9910 38,576,385 16 553 .060024625
Random Totals: 68,777,752   72,311,033 70 1,141  
Catg J Exception Values: 6,467,190   6,564,270      
Catg D1 Exception Values: 10,798,298   10,513,511      
Total Test Values (4): 86,043,240   89,388,814      

Margin of Error

Margin of Error Percent: 5.5412325
Margin of Error Value: 4,953,242

Confidence Interval Values (5)

State Lower Limit: 84,435,572 (State Test Value minus Margin of Error Percent)
Local Test Value: 86,043,240 (Within Confidence Interval)
State Upper Limit: 94,342,056 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 89,313,355 (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