taxes Property Tax Assistance

2021 Confidence Interval Detail

Van Zandt County
234-902/Canton ISD

Category Summary

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

Stratum
Variance
A 97,300,856 0.9384 103,688,039 17 985 0.037655266
A 108,334,329 0.9838 110,118,245 24 666 0.034198945
A 119,248,370 1.0297 115,808,847 36 523 0.013303268
A 154,149,893 1.0191 151,260,812 28 438 0.030798495
E 384,412,435 0.9904 388,138,565 32 2,450 0.032032000
F1 43,395,998 0.8831 49,140,525 10 239 0.175480466
F1 44,768,175 0.6787 65,961,655 9 94 0.331129761
F1 50,627,817 1.0067 50,290,868 8 43 0.003884468
F1 48,635,975 0.7781 62,506,072 6 13 0.057798537
Random Totals: 1,050,873,848 1,096,913,628 170 5,451
CATG D1 EXCEPTION VALUES: 13,260,097 11,707,736
Total Test Values 1,064,133,945 1,108,621,364

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 55,431,068

Confidence Interval Values(5)

Local Test Value: 1,064,133,945 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,053,190,296 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,164,052,432 (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