taxes Property Tax Assistance

2022 Confidence Interval Detail

Fannin County
060-914/Fannindel ISD

Category Summary

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

Stratum
Variance
A 3,975,350 0.7270 5,468,157 15 101 0.095178896
A 6,022,333 0.8042 7,488,601 15 91 0.174704334
A 6,644,653 0.7831 8,485,063 15 58 0.073083091
A 11,106,560 1.0032 11,071,132 12 49 0.016438994
E 34,135,102 1.1632 29,345,858 20 225 0.280536714
Random Totals: 61,883,998 61,858,811 77 524
CATG D1 EXCEPTION VALUES: 2,011,007 1,687,725
CATG J EXCEPTION VALUES: 12,680,480 10,637,236
Total Test Values 76,575,485 74,183,772

Margin of Error

Margin of Error Percent: 9.3310678
Margin of Error Value: 6,922,138

Confidence Interval Values(5)

Local Test Value: 76,575,485 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 67,261,634 (State Test Value minus Margin of Error Percent)
State Upper Limit: 81,105,910 (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