taxes Property Tax Assistance

2019 Confidence Interval Detail

Fannin County
074-904/Dodd City ISD

Category Summary

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

Stratum
Variance
A 5,564,930 0.7661 7,263,973 14 110 0.051509995
A 6,027,350 1.0137 5,945,891 13 63 0.011379281
A 7,729,340 1.0192 7,583,732 12 53 0.011291084
A 8,467,500 0.9360 9,046,474 11 34 0.008765584
E 31,215,853 1.0066 31,011,179 20 251 0.035700393
L1 5,131,210 1.0019 5,121,479 10 51 0.017115435
L1 3,808,250 1.0837 3,514,263 1 2 0.000000000
Random Totals: 67,944,433 69,486,991 81 564
CATG D1 EXCEPTION VALUES: 1,981,186 2,283,508
Total Test Values(1) 69,925,619 71,770,499

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,588,525

Confidence Interval Values(5)

Local Test Value: 69,925,619 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 68,181,974 (State Test Value minus Margin of Error Percent)
State Upper Limit: 75,359,024 (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