taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
074/Fannin
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 3,124,726 1.0036 3,113,517 9 134 .032804829
A 2,791,424 0.9718 2,872,426 9 66 .038551840
A 3,491,010 0.9405 3,711,866 8 51 .037712397
A 3,240,989 1.0243 3,164,101 7 25 .001891523
E 12,194,993 0.9785 12,462,946 21 249 .059952231
Random Totals: 24,843,142   25,324,856 54 525  
Catg J Exception Values: 449,290   359,732      
Catg D1 Exception Values: 2,170,753   2,072,384      
Total Test Values (4): 27,463,185   27,756,972      

Margin of Error

Margin of Error Percent: 5.2531162
Margin of Error Value: 1,458,106

Confidence Interval Values (5)

State Lower Limit: 26,298,866 (State Test Value minus Margin of Error Percent)
Local Test Value: 27,463,185 (Within Confidence Interval)
State Upper Limit: 29,215,078 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 36,832,868 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories