taxes Property Tax Assistance

2017 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 2,766,040 0.9664 2,862,210 10 119 .002044290
A 3,080,870 0.8977 3,431,959 11 70 .028594725
A 2,907,100 0.8717 3,334,978 7 41 .013151274
A 2,936,539 1.0646 2,758,350 7 22 .027748560
E 14,315,308 0.9871 14,502,389 14 236 .026351892
Random Totals: 26,005,857   26,889,886 49 488  
Catg J Exception Values: 329,490   264,588      
Catg D1 Exception Values: 2,212,182   2,407,718      
Total Test Values (4): 28,547,529   29,562,192      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,478,109

Confidence Interval Values (5)

State Lower Limit: 28,084,083 (State Test Value minus Margin of Error Percent)
Local Test Value: 28,547,529 (Within Confidence Interval)
State Upper Limit: 31,040,301 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 30,627,494 (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, 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
(6) Includes local value of unstudied property categories and sub-categories