taxes Property Tax Assistance

2018 Confidence Interval Detail

225/Titus
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 2,302,795 0.9561 2,408,529 13 83 .017547899
A 2,500,279 0.9788 2,554,433 11 53 .016025958
A 1,698,898 1.1642 1,459,284 10 21 .029924576
A 1,277,262 1.1879 1,075,227 8 10 .016095344
E 27,120,716 1.0786 25,144,369 18 487 .092701351
G1 8,515,481 1.0188 8,358,344 11 34 .002243984
Random Totals: 43,415,431   41,000,186 71 688  
Catg J Exception Values: 3,778,770   3,811,921      
Catg D1 Exception Values: 2,952,895   2,959,513      
Catg G1 Exception Values: 5,805,360   5,809,127      
Total Test Values (4): 55,952,456   53,580,747      

Margin of Error

Margin of Error Percent: 6.6218300
Margin of Error Value: 3,548,026

Confidence Interval Values (5)

State Lower Limit: 50,032,721 (State Test Value minus Margin of Error Percent)
Local Test Value: 55,952,456 (Within Confidence Interval)
State Upper Limit: 57,128,773 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 64,168,893 (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