taxes Property Tax Assistance

2023 Confidence Interval Detail

Fannin County
074-905/Ector ISD

Category Summary

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

Stratum
Variance
A 13,296,710 0.8269 16,080,191 12 136 0.054807582
A 14,507,893 0.8929 16,248,060 12 77 0.039989374
A 15,580,290 0.9347 16,668,760 13 56 0.016703116
A 20,023,140 0.9272 21,595,276 13 45 0.013310285
E 59,184,997 1.0452 56,625,523 20 269 0.068107956
Random Totals: 122,593,030 127,217,810 70 583
CATG D1 EXCEPTION VALUES: 1,744,670 1,600,170
Total Test Values 124,337,700 128,817,980

Margin of Error

Margin of Error Percent: 5.4846500
Margin of Error Value: 7,065,215

Confidence Interval Values(5)

Local Test Value: 124,337,700 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 121,752,765 (State Test Value minus Margin of Error Percent)
State Upper Limit: 135,883,195 (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