taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
234/Van Zandt
234-902/Canton ISD

Category Summary

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

Stratum
Variance
A 63,454,330 0.9543 66,493,063 14 958 .021538677
A 59,350,180 0.9454 62,777,851 19 565 .012331700
A 62,226,520 0.9453 65,827,272 18 425 .010871088
A 81,110,220 1.0228 79,302,131 18 342 .011231297
E 211,910,540 0.9423 224,886,491 30 2,335 .019791287
F1 31,890,990 0.8203 38,877,228 12 220 .057955186
F1 36,097,480 0.3921 92,061,923 10 80 3.418013033
F1 33,984,420 0.9506 35,750,494 10 26 .005876901
F1 31,142,190 0.8947 34,807,410 5 8 .013537291
Random Totals: 611,166,870   700,783,863 136 4,959  
Catg D1 Exception Values: 9,369,410   7,360,528      
Total Test Values (4): 620,536,280   708,144,391      

Margin of Error

Margin of Error Percent: 14.0911124
Margin of Error Value: 99,785,422

Confidence Interval Values (5)

State Lower Limit: 608,358,969 (State Test Value minus Margin of Error Percent)
Local Test Value: 620,536,280 (Within Confidence Interval)
State Upper Limit: 807,929,813 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 616,670,891 (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