taxes Property Tax Assistance

2022 Confidence Interval Detail

Red River County
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 7,512,192 0.8263 9,091,361 14 178 0.105958851
A 7,171,208 0.8883 8,072,957 12 99 0.039504629
A 18,470,986 1.0571 17,473,263 16 166 0.019148486
A 37,307,513 1.0683 34,922,319 15 181 0.025691380
E 89,874,186 1.0645 84,428,545 20 599 0.037976269
Random Totals: 160,336,085 153,988,445 77 1,223
CATG D1 EXCEPTION VALUES: 13,463,880 11,607,819
CATG J EXCEPTION VALUES: 13,040,311 13,740,627
Total Test Values 186,840,276 179,336,891

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,966,845

Confidence Interval Values(5)

Local Test Value: 186,840,276 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 170,370,046 (State Test Value minus Margin of Error Percent)
State Upper Limit: 188,303,736 (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