taxes Property Tax Assistance

2019 Confidence Interval Detail

Van Zandt County
234-903/Edgewood ISD

Category Summary

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

Stratum
Variance
A 28,456,610 0.8738 32,566,503 15 454 0.022696383
A 30,886,750 1.0705 28,852,639 17 265 0.012832521
A 30,048,700 0.9393 31,990,525 16 178 0.032121452
A 38,410,742 1.0754 35,717,633 16 138 0.025096636
E 138,869,184 0.9035 153,701,366 23 1236 0.033511522
Random Totals: 266,671,986 282,828,666 87 2,271
CATG D1 EXCEPTION VALUES: 4,882,530 4,859,599
Total Test Values(1) 271,554,516 287,688,265

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,384,413

Confidence Interval Values(5)

Local Test Value: 271,554,516 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 273,303,852 (State Test Value minus Margin of Error Percent)
State Upper Limit: 302,072,678 (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