taxes Property Tax Assistance

2021 Confidence Interval Detail

Van Zandt County
234-903/Edgewood ISD

Category Summary

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

Stratum
Variance
A 37,177,400 0.9154 40,613,284 10 444 0.061635754
A 38,321,870 0.8805 43,522,851 10 259 0.018766254
A 45,296,840 1.0095 44,870,570 16 218 0.008439646
A 57,607,073 1.0213 56,405,633 13 170 0.043795201
E 186,615,057 0.9662 193,143,301 32 1,221 0.043422274
Random Totals: 365,018,240 378,555,639 81 2,312
CATG D1 EXCEPTION VALUES: 6,069,397 5,401,618
Total Test Values 371,087,637 383,957,257

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 19,197,863

Confidence Interval Values(5)

Local Test Value: 371,087,637 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 364,759,394 (State Test Value minus Margin of Error Percent)
State Upper Limit: 403,155,120 (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