taxes Property Tax Assistance

2017 Confidence Interval Detail

234/Van Zandt
234-903/Edgewood ISD

Category Summary

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

Stratum
Variance
A 23,463,550 0.8336 28,147,253 11 430 .050717247
A 25,694,480 0.9709 26,464,600 11 260 .013094919
A 26,303,830 1.0179 25,841,271 10 183 .011301736
A 29,107,240 0.9704 29,995,095 10 121 .033666681
E 120,336,890 0.9929 121,197,391 24 1,235 .026964460
Random Totals: 224,905,990   231,645,610 66 2,229  
Catg D1 Exception Values: 4,301,060   4,371,753      
Total Test Values (4): 229,207,050   236,017,363      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,800,868

Confidence Interval Values (5)

State Lower Limit: 224,216,495 (State Test Value minus Margin of Error Percent)
Local Test Value: 229,207,050 (Within Confidence Interval)
State Upper Limit: 247,818,231 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 219,470,254 (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