taxes Property Tax Assistance

2023 Confidence Interval Detail

Van Zandt County
234-904/Grand Saline ISD

Category Summary

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

Stratum
Variance
A 45,834,720 1.0684 42,900,337 12 529 0.077899300
A 60,454,705 1.0798 55,986,947 12 401 0.056964619
A 62,187,356 1.0477 59,356,071 12 282 0.011050179
A 81,968,840 1.0841 75,610,036 15 240 0.015158196
E 319,269,637 1.0453 305,433,499 21 1,416 0.050809394
F1 9,351,170 0.8305 11,259,687 11 73 0.069807965
F1 9,695,380 0.9890 9,803,215 9 33 0.075256029
F1 9,995,260 0.8471 11,799,386 8 17 0.089865581
F1 9,101,240 0.9246 9,843,435 5 7 0.073532469
Random Totals: 607,858,308 581,992,613 105 2,998
CATG D1 EXCEPTION VALUES: 9,512,127 8,021,826
Total Test Values 617,370,435 590,014,439

Margin of Error

Margin of Error Percent: 5.4200700
Margin of Error Value: 31,979,196

Confidence Interval Values(5)

Local Test Value: 617,370,435 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 558,035,243 (State Test Value minus Margin of Error Percent)
State Upper Limit: 621,993,635 (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