taxes Property Tax Assistance

2017 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	61,549,240	0.8312	74,048,653	14	942	.037573996
A	76,637,660	0.9326	82,176,346	26	695	.016973918
A	79,992,048	0.9809	81,549,646	33	483	.010008849
A	85,661,180	0.9901	86,517,705	18	323	.019132431
E	239,275,380	0.9818	243,710,919	45	2,401	.054595579
F1	36,781,610	0.9395	39,150,197	16	212	.017862504
F1	33,763,180	0.9742	34,657,339	15	66	.012098056
F1	32,369,660	0.9968	32,473,575	15	24	.072980334
F1	40,894,930	0.9524	42,938,818	8	11	.001941555
L1	9,082,640	1.0702	8,486,862	12	240	.147541896
L1	9,681,100	1.1301	8,566,587	11	52	.024583582
L1	10,353,580	1.0291	10,060,810	6	20	.002135344
Random Totals:	716,042,208		744,337,457	219	5,469
Catg D1 Exception Values:	9,175,350		9,480,142
Catg L1 Exception Values:	7,851,550		7,647,857
Total Test Values (4):	733,069,108		761,465,456

Margin of Error

Margin of Error Percent:	5.0000000
Margin of Error Value:	38,073,272

Confidence Interval Values (5)

State Lower Limit:	723,392,184	(State Test Value minus Margin of Error Percent)
Local Test Value:	733,069,108	(Within Confidence Interval)
State Upper Limit:	799,538,728	(State Test Value plus Margin of Error Percent)
Value Assigned (6):	681,670,148	(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