taxes Property Tax Assistance

2021 Confidence Interval Detail

Van Zandt County
234-904/Grand Saline ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 33,798,030 1.0314 32,769,081 17 568 0.117322528
A 37,084,150 0.9425 39,346,578 19 355 0.045019642
A 39,992,910 1.0251 39,013,667 15 263 0.008203053
A 49,829,939 1.0432 47,766,429 18 208 0.017576202
E 195,563,145 0.9616 203,372,655 24 1,331 0.045053140
F1 4,709,010 0.5589 8,425,497 9 67 0.151442468
F1 5,672,280 0.7258 7,815,211 9 30 0.426885770
F1 8,070,420 0.7736 10,432,291 6 17 0.233361116
F1 6,518,450 1.0192 6,395,653 3 6 0.003148619
Random Totals: 381,238,334 395,337,062 120 2,845
CATG D1 EXCEPTION VALUES: 8,648,961 7,813,411
CATG J EXCEPTION VALUES: 9,918,490 10,336,488
Total Test Values 399,805,785 413,486,961

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 20,674,348

Confidence Interval Values(5)

Local Test Value: 399,805,785 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 392,812,613 (State Test Value minus Margin of Error Percent)
State Upper Limit: 434,161,309 (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