taxes Property Tax Assistance

2024 Confidence Interval Detail

Van Zandt County
234-909/Fruitvale 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 17,768,655 0.9968 17,825,697 12 156 0.032041174
A 3 18,067,519 1.1116 16,253,616 11 94 0.013052840
A 4 16,896,800 1.0220 16,533,072 11 69 0.017223790
A 5 18,256,360 1.0243 17,823,255 10 50 0.010919459
E 0 79,347,490 0.9828 80,736,152 20 454 0.018590365
Random Totals: 150,336,824 149,171,792 64 823
CATG D1 EXCEPTION VALUES: 2,497,060 2,257,206
CATG J EXCEPTION VALUES: 4,422,292 4,654,909
Total Test Values 157,256,176 156,083,907

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,804,195

Confidence Interval Values(5)

Local Test Value: 157,256,176 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 148,279,712 (State Test Value minus Margin of Error Percent)
State Upper Limit: 163,888,102 (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