taxes Property Tax Assistance

2017 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 3,005,373 0.8997 3,340,417 12 117 .035341647
A 2,887,343 0.7191 4,015,218 11 57 .053121861
A 3,127,626 0.8295 3,770,495 11 39 .042269104
A 3,262,133 0.8239 3,959,380 9 23 .008333930
E 15,576,994 0.8667 17,972,763 13 390 .017089758
G1 3,891,880 0.9989 3,896,166 8 33 .022513717
Random Totals: 31,751,349   36,954,439 64 659  
Catg J Exception Values: 54,010   56,306      
Catg D1 Exception Values: 2,962,317   2,968,696      
Catg G1 Exception Values: 5,029,320   4,957,031      
Total Test Values (4): 39,796,996   44,936,472      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,246,823

Confidence Interval Values (5)

Local Test Value: 39,796,996 (Outside Confidence Interval)
State Lower Limit: 42,689,649 (State Test Value minus Margin of Error Percent)
State Upper Limit: 47,183,295 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 52,873,609 (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