taxes Property Tax Assistance

2023 Confidence Interval Detail

Van Zandt County
234-909/Fruitvale ISD

Category Summary

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

Stratum
Variance
A 10,520,470 0.9205 11,429,082 12 115 0.031083802
A 12,075,924 1.1242 10,741,793 12 77 0.014141265
A 19,837,710 1.0713 18,517,418 12 96 0.014789998
A 26,955,780 1.1758 22,925,481 12 83 0.025678269
E 80,988,657 1.0870 74,506,584 20 448 0.028090455
Random Totals: 150,378,541 138,120,358 68 819
CATG D1 EXCEPTION VALUES: 2,649,340 2,230,437
CATG J EXCEPTION VALUES: 4,106,920 4,312,015
Total Test Values 157,134,801 144,662,810

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,233,141

Confidence Interval Values(5)

Local Test Value: 157,134,801 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 137,429,669 (State Test Value minus Margin of Error Percent)
State Upper Limit: 151,895,951 (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