taxes Property Tax Assistance

2017 Confidence Interval Detail

074/Fannin
074-909/Leonard ISD

Category Summary

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

Stratum
Variance
A 18,001,787 0.9322 19,311,078 14 353 .011928349
A 18,407,512 0.9529 19,317,360 15 192 .023017840
A 18,174,051 0.9946 18,272,724 13 127 .003209928
A 28,236,812 0.9804 28,801,318 10 122 .002585799
E 60,311,562 0.9507 63,439,110 17 541 .138175917
F1 3,740,405 0.9058 4,129,394 8 44 .038427117
F1 2,991,660 0.9872 3,030,450 6 13 .006722137
F1 3,086,380 0.9364 3,296,006 5 8 .003626816
F1 3,818,476 0.9652 3,956,150 2 5 .006284165
Random Totals: 156,768,645   163,553,590 90 1,405  
Catg J Exception Values: 800   642      
Catg D1 Exception Values: 3,162,430   3,454,493      
Total Test Values (4): 159,931,875   167,008,725      

Margin of Error

Margin of Error Percent: 6.8339202
Margin of Error Value: 11,413,243

Confidence Interval Values (5)

State Lower Limit: 155,595,482 (State Test Value minus Margin of Error Percent)
Local Test Value: 159,931,875 (Within Confidence Interval)
State Upper Limit: 178,421,968 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 158,066,035 (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