taxes Property Tax Assistance

2023 Confidence Interval Detail

Fannin County
074-912/Trenton ISD

Category Summary

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

Stratum
Variance
A 72,081,890 0.9350 77,092,930 12 412 0.021490477
A 49,910,060 1.0055 49,637,056 14 159 0.011202234
A 69,418,830 1.0547 65,818,555 18 168 0.003985628
A 141,838,815 0.9885 143,488,938 17 263 0.005376717
E 162,733,158 1.0226 159,136,669 20 561 0.010430773
Random Totals: 495,982,753 495,174,148 81 1,563
CATG D1 EXCEPTION VALUES: 2,848,741 2,756,512
Total Test Values 498,831,494 497,930,660

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 24,896,533

Confidence Interval Values(5)

Local Test Value: 498,831,494 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 473,034,127 (State Test Value minus Margin of Error Percent)
State Upper Limit: 522,827,193 (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