taxes Property Tax Assistance

2019 Confidence Interval Detail

Fannin County
060-914/Fannindel ISD

Category Summary

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

Stratum
Variance
A 2,644,601 0.9451 2,798,223 15 109 0.036249657
A 3,350,724 0.9641 3,475,494 15 74 0.030201867
A 3,454,904 0.9511 3,632,535 13 48 0.028220183
A 5,376,598 1.2161 4,421,181 10 40 0.024749206
E 17,869,557 0.9914 18,024,568 20 247 0.072173301
Random Totals: 32,696,384 32,352,001 73 518
CATG D1 EXCEPTION VALUES: 1,762,482 1,932,133
CATG J EXCEPTION VALUES: 275,240 299,588
Total Test Values(2) 34,734,106 34,583,722

Margin of Error

Margin of Error Percent: 6.2405707
Margin of Error Value: 2,158,222

Confidence Interval Values(5)

Local Test Value: 34,734,106 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 32,425,500 (State Test Value minus Margin of Error Percent)
State Upper Limit: 36,741,944 (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