taxes Property Tax Assistance

2019 Confidence Interval Detail

Van Zandt County
234-902/Canton ISD

Category Summary

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

Stratum
Variance
A 71,229,980 0.8004 88,992,979 24 948 0.075470967
A 98,458,920 0.9897 99,483,601 32 743 0.030075315
A 90,430,010 0.9665 93,564,418 30 456 0.018625961
A 110,705,720 1.0210 108,428,717 32 360 0.006358702
E 313,655,639 0.9297 337,372,958 26 2373 0.049097899
F1 39,229,206 0.8662 45,288,855 10 227 0.044708935
F1 36,741,752 0.9617 38,205,004 9 74 0.001433844
F1 43,970,230 0.9143 48,091,688 7 32 0.024760532
F1 33,396,860 0.9551 34,966,873 5 9 0.001623026
Random Totals: 837,818,317 894,395,093 175 5,222
CATG D1 EXCEPTION VALUES: 11,178,732 11,161,813
Total Test Values(1) 848,997,049 905,556,906

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 45,277,845

Confidence Interval Values(5)

Local Test Value: 848,997,049 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 860,279,061 (State Test Value minus Margin of Error Percent)
State Upper Limit: 950,834,751 (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