taxes Property Tax Assistance

2019 Confidence Interval Detail

Smith County
234-906/Van ISD

Category Summary

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

Stratum
Variance
A 9,912,863 0.8398 11,803,838 9 178 0.098568680
A 11,017,539 1.0808 10,193,874 9 82 0.011806240
A 11,208,759 1.1061 10,133,586 8 44 0.007162730
A 13,728,847 0.9716 14,130,143 8 34 0.013795155
E 64,095,200 0.9651 66,413,014 15 422 0.031710163
Random Totals: 109,963,208 112,674,455 49 760
CATG D1 EXCEPTION VALUES: 2,803,937 2,451,361
Total Test Values(1) 112,767,145 115,125,816

Margin of Error

Margin of Error Percent: 5.7788431
Margin of Error Value: 6,652,940

Confidence Interval Values(5)

Local Test Value: 112,767,145 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 108,472,876 (State Test Value minus Margin of Error Percent)
State Upper Limit: 121,778,756 (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