taxes Property Tax Assistance

2017 Confidence Interval Detail

234/Van Zandt
234-907/Wills Point ISD

Category Summary

(1) Category	(1) Local Value	(1) Stratum Ratio	(1) State Value	(2) Sample Size	(3) Total Parcels	Stratum Variance
A	43,805,390	0.9571	45,768,875	18	1,036	.019978001
A	48,895,450	0.8970	54,509,978	23	635	.028526954
A	50,615,790	0.9333	54,233,140	20	431	.024368827
A	69,447,500	0.9412	73,786,124	28	361	.007990034
E	175,318,665	0.9855	177,898,189	42	2,164	.042623688
F1	12,345,990	1.0492	11,767,051	11	123	.017720082
F1	11,609,330	0.9281	12,508,706	9	44	.017357820
F1	13,856,100	0.9286	14,921,495	7	26	.006313880
F1	10,628,460	1.0225	10,394,582	4	6	.005442683
L1	4,889,069	0.9837	4,970,081	11	130	.072289028
L1	4,519,933	0.9882	4,573,905	9	33	.082702268
L1	5,128,560	1.0505	4,882,018	8	18	.010867207
Random Totals:	451,060,237		470,214,144	190	5,007
Catg J Exception Values:	9,069,010		8,390,521
Catg D1 Exception Values:	9,173,280		9,120,568
Catg L1 Exception Values:	11,451,880		11,311,462
Total Test Values (4):	480,754,407		499,036,695

Margin of Error

Margin of Error Percent:	5.0000000
Margin of Error Value:	24,951,834

Confidence Interval Values (5)

State Lower Limit:	474,084,861	(State Test Value minus Margin of Error Percent)
Local Test Value:	480,754,407	(Within Confidence Interval)
State Upper Limit:	523,988,529	(State Test Value plus Margin of Error Percent)
Value Assigned (6):	473,838,902	(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