taxes Property Tax Assistance

2017 Confidence Interval Detail

234/Van Zandt
234-904/Grand Saline ISD

Category Summary

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

Stratum
Variance
A 23,155,390 0.9398 24,638,636 14 570 .012542698
A 23,269,950 0.9034 25,758,191 18 341 .009407648
A 25,782,640 0.9743 26,462,732 16 253 .008893867
A 27,093,330 1.0417 26,008,765 16 156 .016677032
E 120,866,180 0.9562 126,402,615 24 1,277 .019566526
F1 3,798,070 0.9375 4,051,275 13 73 .027776883
F1 4,349,060 0.8409 5,171,911 10 30 .076549933
F1 3,465,130 0.9770 3,546,704 6 8 .010741080
Random Totals: 231,779,750   242,040,829 117 2,708  
Catg J Exception Values: 7,912,810   7,633,692      
Catg D1 Exception Values: 5,943,620   5,849,666      
Catg F1 Exception Values: 3,311,700   5,733,088      
Total Test Values (4): 248,947,880   261,257,275      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,062,863

Confidence Interval Values (5)

State Lower Limit: 248,194,412 (State Test Value minus Margin of Error Percent)
Local Test Value: 248,947,880 (Within Confidence Interval)
State Upper Limit: 274,320,138 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 251,275,816 (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