taxes Property Tax Assistance

2021 Confidence Interval Detail

Fannin County
074-907/Honey Grove ISD

Category Summary

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

Stratum
Variance
A 22,203,418 0.7637 29,073,482 18 415 0.074353873
A 23,097,770 0.8711 26,515,635 18 231 0.044770729
A 30,200,297 0.9981 30,257,787 15 192 0.029371356
A 30,080,854 1.0518 28,599,405 13 112 0.011979683
E 106,717,525 0.9478 112,594,983 25 812 0.043861473
F1 3,603,680 0.6511 5,534,757 9 68 0.147268584
F1 3,753,900 0.8464 4,435,137 7 18 0.057412546
F1 3,578,825 0.9590 3,731,830 4 8 0.003973668
F1 5,288,180 0.8190 6,456,806 4 6 0.104496421
L1 3,994,070 0.9961 4,009,708 6 15 0.008558349
Random Totals: 232,518,519 251,209,530 119 1,877
CATG D1 EXCEPTION VALUES: 10,624,668 9,658,550
CATG J EXCEPTION VALUES: 9,734,600 8,985,654
CATG L1 EXCEPTION VALUES: 19,641,420 19,850,503
Total Test Values 272,519,207 289,704,237

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 14,485,212

Confidence Interval Values(5)

Local Test Value: 272,519,207 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 275,219,025 (State Test Value minus Margin of Error Percent)
State Upper Limit: 304,189,449 (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