taxes Property Tax Assistance

2019 Confidence Interval Detail

Van Zandt County
234-907/Wills Point ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 50,956,181 0.7905 64,460,697 12 1095 0.063634102
A 57,010,425 0.8338 68,374,220 12 637 0.044074508
A 62,522,190 0.9808 63,746,115 14 443 0.018154343
A 77,622,000 0.9663 80,329,090 20 340 0.044091349
E 223,772,949 0.9280 241,134,643 30 2169 0.030008154
F1 12,265,930 0.7986 15,359,291 9 124 0.090374430
F1 14,328,186 0.8082 17,728,515 8 50 0.160809693
F1 10,304,760 0.9437 10,919,530 7 20 0.002828973
F1 16,043,880 0.9832 16,318,023 4 13 0.005408767
L1 5,374,140 1.0540 5,098,805 10 116 0.026199392
L1 5,725,830 1.0338 5,538,624 9 33 0.016503699
L1 7,198,850 1.1054 6,512,439 6 18 0.022132369
L1 3,583,740 1.0189 3,517,264 1 2 0.000000000
Random Totals: 546,709,061 599,037,256 142 5,060
CATG D1 EXCEPTION VALUES: 10,444,053 10,417,969
CATG J EXCEPTION VALUES: 9,258,163 9,702,308
CATG L1 EXCEPTION VALUES: 10,636,260 10,626,719
Total Test Values(3) 577,047,537 629,784,252

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 31,489,213

Confidence Interval Values(5)

Local Test Value: 577,047,537 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 598,295,039 (State Test Value minus Margin of Error Percent)
State Upper Limit: 661,273,465 (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