taxes Property Tax Assistance

2024 Confidence Interval Detail

Van Zandt County
234-903/Edgewood ISD

Category Summary

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

Stratum
Variance
A 2 79,259,991 0.9878 80,238,906 12 520 0.028967990
A 3 82,243,050 0.9378 87,697,857 12 329 0.010559275
A 4 73,864,472 1.0204 72,387,762 13 213 0.003446666
A 5 73,576,250 0.9348 78,708,012 14 134 0.032998113
E 0 293,435,254 0.9927 295,593,084 20 1,275 0.033764613
Random Totals: 602,379,017 614,625,621 71 2,471
CATG D1 EXCEPTION VALUES: 6,368,304 5,643,716
Total Test Values 608,747,321 620,269,337

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 31,013,467

Confidence Interval Values(5)

Local Test Value: 608,747,321 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 589,255,870 (State Test Value minus Margin of Error Percent)
State Upper Limit: 651,282,804 (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