taxes Property Tax Assistance

2019 Confidence Interval Detail

Van Zandt County
234-909/Fruitvale ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 5,669,520 0.7307 7,759,026 8 132 0.075668446
A 6,189,900 0.9007 6,872,322 10 86 0.011460315
A 7,513,130 1.0545 7,124,827 10 72 0.030729437
A 8,340,100 1.0209 8,169,360 8 47 0.030003743
E 36,872,368 0.9838 37,479,536 20 425 0.067031315
Random Totals: 64,585,018 67,405,071 56 762
CATG D1 EXCEPTION VALUES: 2,074,730 2,053,271
CATG J EXCEPTION VALUES: 3,070,100 3,170,052
Total Test Values(2) 69,729,848 72,628,394

Margin of Error

Margin of Error Percent: 6.4217426
Margin of Error Value: 4,664,009

Confidence Interval Values(5)

Local Test Value: 69,729,848 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 67,964,385 (State Test Value minus Margin of Error Percent)
State Upper Limit: 77,292,403 (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