taxes Property Tax Assistance

2017 Confidence Interval Detail

080/Franklin
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
E 4,720,580 0.7600 6,211,289 12 75 .178622071
G1 2,000,698 0.9984 2,003,904 3 4 .000306561
Random Totals: 6,721,278   8,215,193 15 79  
Catg D1 Exception Values: 919,800   874,579      
Total Test Values (4): 7,641,078   9,089,772      

Margin of Error

Margin of Error Percent: 16.5058155
Margin of Error Value: 1,500,341

Confidence Interval Values (5)

State Lower Limit: 7,589,431 (State Test Value minus Margin of Error Percent)
Local Test Value: 7,641,078 (Within Confidence Interval)
State Upper Limit: 10,590,113 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 15,670,647 (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