taxes Property Tax Assistance

2023 Confidence Interval Detail

Fannin County
074-909/Leonard ISD

Category Summary

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

Stratum
Variance
A 45,805,047 0.9960 45,989,003 14 338 0.033008057
A 54,618,277 1.0152 53,800,509 12 241 0.018429697
A 65,147,136 1.0787 60,394,119 12 208 0.009802531
A 94,300,295 1.0109 93,283,505 14 187 0.014516522
E 155,624,959 1.0084 154,328,599 21 574 0.042323034
F1 6,786,970 0.9855 6,886,829 9 48 0.069365463
F1 8,667,300 0.9915 8,741,604 8 24 0.001752067
F1 14,783,261 1.1395 12,973,463 5 16 0.071027336
Random Totals: 445,733,245 436,397,631 95 1,636
CATG D1 EXCEPTION VALUES: 3,415,244 3,326,241
CATG F1 EXCEPTION VALUES: 2,653,990 2,640,058
Total Test Values 451,802,479 442,363,930

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 22,118,197

Confidence Interval Values(5)

Local Test Value: 451,802,479 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 420,245,733 (State Test Value minus Margin of Error Percent)
State Upper Limit: 464,482,127 (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