taxes Property Tax Assistance

2017 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 34,317,380 1.0632 32,277,445 10 820 .034696923
A 33,543,810 1.0315 32,519,447 10 455 .004080485
A 34,453,929 0.9301 37,043,252 10 329 .032233021
A 40,301,490 1.0361 38,897,298 10 243 .004632942
E 153,881,941 0.9319 165,127,096 18 2,540 .075929853
F1 5,884,150 0.9148 6,432,171 9 98 .054017840
F1 5,979,810 0.8688 6,882,838 8 41 .029606635
F1 5,822,390 0.9739 5,978,427 6 18 .003963182
F1 5,016,060 0.6750 7,431,200 4 6 .165458684
Random Totals: 319,200,960   332,589,174 85 4,550  
Catg J Exception Values: 857,918   905,420      
Catg D1 Exception Values: 21,676,316   20,948,515      
Total Test Values (4): 341,735,194   354,443,109      

Margin of Error

Margin of Error Percent: 6.2600136
Margin of Error Value: 22,188,187

Confidence Interval Values (5)

State Lower Limit: 332,254,922 (State Test Value minus Margin of Error Percent)
Local Test Value: 341,735,194 (Within Confidence Interval)
State Upper Limit: 376,631,296 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 364,789,687 (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, 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
(6) Includes local value of unstudied property categories and sub-categories