taxes Property Tax Assistance

2019 Confidence Interval Detail

Fannin County
074-907/Honey Grove ISD

Category Summary

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

Stratum
Variance
A 16,178,620 0.8637 18,731,759 10 385 0.049427127
A 18,804,297 0.9789 19,209,620 10 229 0.013680553
A 20,233,412 0.9457 21,395,170 9 154 0.045410407
A 22,475,615 1.0196 22,043,561 9 96 0.004182005
E 77,350,016 0.9789 79,017,281 20 798 0.038360928
Random Totals: 155,041,960 160,397,391 58 1,662
CATG D1 EXCEPTION VALUES: 9,871,666 12,222,179
CATG J EXCEPTION VALUES: 763,170 830,683
Total Test Values(2) 165,676,796 173,450,253

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,672,513

Confidence Interval Values(5)

Local Test Value: 165,676,796 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 164,777,740 (State Test Value minus Margin of Error Percent)
State Upper Limit: 182,122,766 (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