taxes Property Tax Assistance

2021 Confidence Interval Detail

Fannin County
074-909/Leonard ISD

Category Summary

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

Stratum
Variance
A 28,224,461 0.8443 33,429,422 13 358 0.059079627
A 34,967,408 0.9111 38,379,330 13 233 0.007024320
A 37,196,794 0.9470 39,278,558 12 167 0.012209644
A 41,911,313 1.0241 40,925,020 12 118 0.008176501
E 93,020,653 0.8477 109,732,987 20 552 0.292391136
F1 5,532,190 0.9558 5,788,021 9 54 0.006641628
F1 5,216,530 0.9532 5,472,650 7 19 0.007725064
F1 5,692,050 0.9642 5,903,391 6 10 0.002749867
F1 4,694,450 1.1210 4,187,898 4 9 0.023571425
Random Totals: 256,455,849 283,097,277 96 1,520
CATG D1 EXCEPTION VALUES: 2,739,000 2,536,499
CATG J EXCEPTION VALUES: 680 787
Total Test Values 259,195,529 285,634,563

Margin of Error

Margin of Error Percent: 9.2690832
Margin of Error Value: 26,475,705

Confidence Interval Values(5)

Local Test Value: 259,195,529 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 259,158,858 (State Test Value minus Margin of Error Percent)
State Upper Limit: 312,110,268 (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