taxes Property Tax Assistance

2020 Confidence Interval Detail

Van Zandt County
234-903/Edgewood ISD

Category Summary

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

Stratum
Variance
A 28,113,990 0.9925 28,326,438 15 402 0.013121813
A 35,864,590 0.9599 37,362,840 15 283 0.011039725
A 38,568,430 1.0313 37,397,876 15 213 0.006233711
A 51,494,693 1.0004 51,474,103 17 173 0.007969467
E 165,919,481 0.9899 167,612,366 25 1,237 0.016028289
Random Totals: 319,961,184 322,173,623 87 2,308
CATG D1 EXCEPTION VALUES: 4,931,130 5,202,660
Total Test Values 324,892,314 327,376,283

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,368,814

Confidence Interval Values(5)

Local Test Value: 324,892,314 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 311,007,469 (State Test Value minus Margin of Error Percent)
State Upper Limit: 343,745,097 (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