taxes Property Tax Assistance

2021 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 70,075,545 0.8943 78,357,984 11 1,114 0.113151336
A 74,011,727 0.9037 81,898,558 21 625 0.018848538
A 77,527,360 1.0109 76,691,423 31 440 0.020935295
A 102,716,176 1.0318 99,550,471 36 375 0.009387346
E 297,576,445 0.9628 309,073,998 45 2,292 0.032412941
F1 15,791,820 0.8053 19,609,860 10 127 0.089228363
F1 19,231,442 0.8198 23,458,700 9 58 0.106409923
F1 17,967,763 0.9495 18,923,394 8 28 0.005375051
F1 28,539,260 0.9294 30,707,187 5 12 0.013784040
L1 6,263,510 1.0840 5,778,146 11 114 0.009728290
L1 4,585,940 1.0388 4,414,652 9 28 0.004046051
L1 6,397,000 1.0247 6,242,803 6 16 0.008891795
L1 3,903,180 1.0187 3,831,530 3 4 0.000825339
Random Totals: 724,587,168 758,538,706 205 5,233
CATG D1 EXCEPTION VALUES: 12,034,386 10,699,908
CATG J EXCEPTION VALUES: 9,988,620 10,649,268
CATG L1 EXCEPTION VALUES: 18,966,480 18,593,454
Total Test Values 765,576,654 798,481,336

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 39,924,067

Confidence Interval Values(5)

Local Test Value: 765,576,654 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 758,557,269 (State Test Value minus Margin of Error Percent)
State Upper Limit: 838,405,403 (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