taxes Property Tax Assistance

2017 Confidence Interval Detail

234/Van Zandt
234-905/Martins Mill ISD

Category Summary

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

Stratum
Variance
A 5,733,720 0.9385 6,109,451 8 112 .026023479
A 5,790,740 0.9710 5,963,687 11 58 .028796900
A 5,530,260 1.0695 5,170,884 8 37 .006376785
A 8,026,100 1.0918 7,351,255 15 31 .005687205
E 80,280,653 0.9596 83,660,539 20 829 .061218536
Random Totals: 105,361,473   108,255,816 62 1,067  
Catg D1 Exception Values: 4,060,490   4,220,311      
Total Test Values (4): 109,421,963   112,476,127      

Margin of Error

Margin of Error Percent: 8.1719866
Margin of Error Value: 9,191,534

Confidence Interval Values (5)

State Lower Limit: 103,284,593 (State Test Value minus Margin of Error Percent)
Local Test Value: 109,421,963 (Within Confidence Interval)
State Upper Limit: 121,667,661 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 104,131,893 (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