taxes Property Tax Assistance

2023 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 99,616,008 0.8533 116,742,070 14 1,089 0.053092811
A 119,714,968 0.9317 128,490,896 15 721 0.023988560
A 117,423,024 1.0075 116,548,907 23 486 0.025301217
A 205,140,086 1.1221 182,818,007 36 534 0.020855090
E 496,966,777 1.0214 486,554,510 26 2,383 0.030800554
F1 23,350,720 0.5682 41,095,952 10 129 0.259694140
F1 27,492,540 0.9717 28,293,239 9 58 0.003432222
F1 29,653,279 0.7716 38,430,896 8 30 0.282867329
F1 25,134,670 0.9724 25,848,077 5 9 0.000613477
Random Totals: 1,144,492,072 1,164,822,554 146 5,439
CATG D1 EXCEPTION VALUES: 14,124,950 11,731,953
Total Test Values 1,158,617,022 1,176,554,507

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 58,827,725

Confidence Interval Values(5)

Local Test Value: 1,158,617,022 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,117,726,782 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,235,382,232 (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