taxes Property Tax Assistance

2017 Confidence Interval Detail

234/Van Zandt
234-906/Van ISD

Category Summary

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

Stratum
Variance
A 54,794,850 0.9497 57,697,010 17 1,071 .018509338
A 58,031,880 0.9807 59,173,937 16 650 .019450668
A 61,343,750 1.0393 59,024,103 20 451 .008489947
A 83,283,690 0.9544 87,262,877 18 370 .012051302
E 272,104,670 0.9721 279,914,278 30 2,738 .013780586
Random Totals: 529,558,840   543,072,205 101 5,280  
Catg D1 Exception Values: 9,835,270   9,974,619      
Total Test Values (4): 539,394,110   553,046,824      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 27,652,341

Confidence Interval Values (5)

State Lower Limit: 525,394,483 (State Test Value minus Margin of Error Percent)
Local Test Value: 539,394,110 (Within Confidence Interval)
State Upper Limit: 580,699,165 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 520,538,748 (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