taxes Property Tax Assistance

2020 Confidence Interval Detail

Van Zandt County
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 62,983,727 0.8861 71,079,705 15 1,006 0.039553846
A 84,452,225 0.9919 85,141,874 13 742 0.027785011
A 84,965,324 1.0378 81,870,615 28 495 0.021490992
A 117,402,870 1.0250 114,539,385 19 421 0.014894296
E 370,332,751 0.9815 377,313,042 31 2,874 0.023158506
F1 11,661,480 0.9032 12,911,293 11 129 0.018475433
F1 11,857,230 0.6244 18,989,798 9 47 0.327641032
F1 10,567,220 1.0109 10,453,279 7 19 0.086823442
F1 9,984,763 0.9379 10,645,739 3 4 0.004795255
G1 5,402,752 1.0138 5,329,209 8 31 0.011182510
G1 4,955,008 1.0626 4,663,098 6 11 0.032005870
G1 5,298,188 1.0113 5,238,987 5 8 0.001661845
Random Totals: 779,863,538 798,176,024 155 5,787
CATG D1 EXCEPTION VALUES: 11,203,810 11,741,917
CATG G1 EXCEPTION VALUES: 17,201,070 17,249,572
Total Test Values 808,268,418 827,167,513

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 41,358,376

Confidence Interval Values(5)

Local Test Value: 808,268,418 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 785,809,137 (State Test Value minus Margin of Error Percent)
State Upper Limit: 868,525,889 (State Test Value plus Margin of Error Percent)

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