taxes Property Tax Assistance

2017 Confidence Interval Detail

074/Fannin
074-904/Dodd City ISD

Category Summary

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

Stratum
Variance
A 4,523,220 0.8772 5,156,430 9 106 .051233924
A 6,024,510 0.9078 6,636,385 10 75 .006908801
A 5,563,580 1.0042 5,540,311 11 44 .009892505
A 6,108,550 0.9895 6,173,370 7 29 .001535226
E 27,001,247 0.8906 30,318,041 19 272 .260594408
Random Totals: 49,221,107   53,824,537 56 526  
Catg J Exception Values: 24,970   20,051      
Catg D1 Exception Values: 2,625,840   2,861,534      
Total Test Values (4): 51,871,917   56,706,122      

Margin of Error

Margin of Error Percent: 12.2064069
Margin of Error Value: 6,921,780

Confidence Interval Values (5)

State Lower Limit: 49,784,342 (State Test Value minus Margin of Error Percent)
Local Test Value: 51,871,917 (Within Confidence Interval)
State Upper Limit: 63,627,902 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 53,962,729 (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