taxes Property Tax Assistance

2023 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 6,636,460 0.6877 9,650,225 12 134 0.089759675
A 7,907,250 0.7742 10,213,446 12 84 0.046353361
A 8,601,570 0.9439 9,112,798 13 52 0.034656212
A 8,740,870 0.9366 9,332,554 13 30 0.047101802
E 39,682,073 1.0439 38,013,290 20 203 0.095647141
Random Totals: 71,568,223 76,322,313 70 503
CATG D1 EXCEPTION VALUES: 1,967,699 1,752,051
CATG J EXCEPTION VALUES: 219,500 227,618
Total Test Values 73,755,422 78,301,982

Margin of Error

Margin of Error Percent: 7.0025611
Margin of Error Value: 5,483,144

Confidence Interval Values(5)

Local Test Value: 73,755,422 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 72,818,838 (State Test Value minus Margin of Error Percent)
State Upper Limit: 83,785,126 (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