taxes Property Tax Assistance

2021 Confidence Interval Detail

Van Zandt County
234-909/Fruitvale ISD

Category Summary

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

Stratum
Variance
A 7,125,330 0.9085 7,842,961 15 129 0.027809775
A 6,820,410 0.8853 7,704,066 15 72 0.045050343
A 10,352,240 1.0912 9,487,023 15 82 0.029323872
A 13,807,700 1.0656 12,957,676 19 68 0.030728634
E 48,655,662 0.9290 52,374,233 21 434 0.069927449
Random Totals: 86,761,342 90,365,959 85 785
CATG D1 EXCEPTION VALUES: 2,408,890 2,174,148
CATG J EXCEPTION VALUES: 3,485,240 3,652,572
Total Test Values 92,655,472 96,192,679

Margin of Error

Margin of Error Percent: 6.2999967
Margin of Error Value: 6,060,136

Confidence Interval Values(5)

Local Test Value: 92,655,472 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 90,132,543 (State Test Value minus Margin of Error Percent)
State Upper Limit: 102,252,815 (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