taxes Property Tax Assistance

2021 Confidence Interval Detail

Van Zandt County
234-906/Van ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 83,618,061 0.9660 86,561,140 14 1,093 0.040952193
A 87,320,600 0.9542 91,511,842 16 655 0.025040568
A 91,060,429 0.9566 95,191,751 27 466 0.038561702
A 114,363,393 0.9644 118,585,020 21 366 0.020066327
E 404,795,589 0.9753 415,047,256 49 2,868 0.054720525
F1 10,570,130 0.7389 14,305,224 10 112 0.241106055
F1 12,783,010 0.6968 18,345,307 9 52 0.145525961
F1 15,293,896 1.0011 15,277,091 7 28 0.003606188
F1 12,246,641 1.0337 11,847,384 3 5 0.001400923
Random Totals: 832,051,749 866,672,015 156 5,645
CATG D1 EXCEPTION VALUES: 13,043,055 11,641,070
Total Test Values 845,094,804 878,313,085

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 43,915,654

Confidence Interval Values(5)

Local Test Value: 845,094,804 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 834,397,431 (State Test Value minus Margin of Error Percent)
State Upper Limit: 922,228,739 (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