taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 Confidence Interval Detail
234/Van Zandt
234-909/Fruitvale ISD

Category Summary

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

Stratum
Variance
A 6,062,770 0.9369 6,471,096 10 141 .013615894
A 4,757,900 0.8998 5,287,731 7 69 .009787902
A 4,354,840 0.9610 4,531,571 9 48 .015706595
A 6,205,230 1.0536 5,889,550 8 45 .016689404
E 27,831,940 1.0304 27,010,811 14 411 .034336132
G1 1,360,159 1.0341 1,315,307 4 8 .016836730
Random Totals: 50,572,839   50,506,066 52 722  
Catg J Exception Values: 2,498,367   2,523,999      
Catg D1 Exception Values: 1,763,580   1,299,290      
Catg G1 Exception Values: 1,942,949   1,944,069      
Total Test Values (4): 56,777,735   56,273,424      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,813,671

Confidence Interval Values (5)

State Lower Limit: 53,459,753 (State Test Value minus Margin of Error Percent)
Local Test Value: 56,777,735 (Within Confidence Interval)
State Upper Limit: 59,087,095 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 47,632,335 (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