taxes Property Tax

School and Appraisal Districts Property Value Study 2013 Report

2013 Confidence Interval Detail
074/Fannin
074-911/Savoy ISD

Category Summary

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

Stratum
Variance
A 7,431,680 0.9308 7,984,186 10 173 .013982828
A 7,163,865 0.9387 7,631,687 10 98 .021124450
A 7,079,736 0.9694 7,303,214 9 67 .014159132
A 7,812,135 0.9775 7,991,954 10 46 .005233870
E 30,375,350 0.9786 31,039,597 15 411 .023671479
Random Totals: 59,862,766   61,950,638 54 795  
Catg D1 Exception Values: 2,213,437   2,158,028      
Total Test Values (4): 62,076,203   64,108,666      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,205,433

Confidence Interval Values (5)

State Lower Limit: 60,903,233 (State Test Value minus Margin of Error Percent)
Local Test Value: 62,076,203 (Within Confidence Interval)
State Upper Limit: 67,314,099 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 80,660,062 (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