taxes Property Tax Assistance

2018 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 7,762,140 0.7945 9,769,843 15 275 .048526197
A 7,528,558 0.9236 8,151,319 16 146 .020893008
A 7,852,898 0.9953 7,889,981 17 103 .023286598
A 7,752,939 1.0355 7,487,145 15 60 .015177594
E 39,620,514 1.0443 37,939,782 20 556 .031521282
Random Totals: 70,517,049   71,238,070 83 1,140  
Catg J Exception Values: 7,042,039   7,211,213      
Catg D1 Exception Values: 12,019,610   11,528,235      
Total Test Values (4): 89,578,698   89,977,518      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,498,875

Confidence Interval Values (5)

State Lower Limit: 85,478,643 (State Test Value minus Margin of Error Percent)
Local Test Value: 89,578,698 (Within Confidence Interval)
State Upper Limit: 94,476,393 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 136,597,315 (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