taxes Property Tax Assistance

2022 Confidence Interval Detail

Navarro County
175-907/Kerens ISD

Category Summary

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

Stratum
Variance
A 34,696,850 0.8169 42,473,803 16 507 0.107839943
A 61,600,310 0.9834 62,640,136 21 381 0.023206069
A 43,528,190 0.9017 48,273,472 15 106 0.021260437
A 88,846,760 0.8819 100,744,710 15 114 0.040756108
C1 9,037,820 0.9584 9,430,113 16 427 0.018932954
C1 8,036,840 0.9429 8,523,534 16 139 0.162288028
C1 7,837,600 0.7309 10,723,218 12 91 0.757755749
C1 19,011,290 1.0432 18,224,013 14 131 0.012024111
E 126,075,693 1.0236 123,168,907 20 884 0.031552800
Random Totals: 398,671,353 424,201,906 145 2,780
CATG D1 EXCEPTION VALUES: 15,090,429 14,537,734
CATG J EXCEPTION VALUES: 43,995,940 48,120,955
Total Test Values 457,757,722 486,860,595

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,343,030

Confidence Interval Values(5)

Local Test Value: 457,757,722 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 462,517,565 (State Test Value minus Margin of Error Percent)
State Upper Limit: 511,203,625 (State Test Value plus Margin of Error Percent)

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