taxes Property Tax Assistance

2020 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 56,830,212 0.9238 61,517,874 15 1,054 0.037173218
A 66,686,236 0.9604 69,435,898 15 651 0.010564428
A 76,011,361 1.0014 75,905,094 32 481 0.025472450
A 88,701,406 1.0209 86,885,499 28 357 0.004641390
E 259,578,401 0.9663 268,631,275 37 2,224 0.039163333
F1 13,570,060 0.5595 24,253,905 10 128 0.430606584
F1 17,608,558 0.8528 20,647,934 9 59 0.059303493
F1 13,311,390 0.8033 16,570,883 9 25 0.131769151
F1 22,700,440 0.8471 26,797,828 6 16 0.057985085
L1 5,612,040 0.9982 5,622,160 10 137 0.086267936
L1 5,971,090 1.0969 5,443,605 9 38 0.047020455
L1 5,063,630 1.0257 4,936,755 8 15 0.059498753
L1 6,461,010 1.0319 6,261,275 3 6 0.004289158
Random Totals: 638,105,834 672,909,985 191 5,191
CATG D1 EXCEPTION VALUES: 10,718,259 11,325,707
CATG J EXCEPTION VALUES: 26,606,149 27,393,654
CATG L1 EXCEPTION VALUES: 19,814,120 19,426,514
Total Test Values 695,244,362 731,055,860

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 36,552,793

Confidence Interval Values(5)

Local Test Value: 695,244,362 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 694,503,067 (State Test Value minus Margin of Error Percent)
State Upper Limit: 767,608,653 (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