taxes Property Tax Assistance

2021 Confidence Interval Detail

Smith 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 11,811,591 1.0030 11,776,262 13 176 0.053632881
A 13,346,806 0.9992 13,357,492 12 85 0.016444156
A 13,188,048 1.0224 12,899,108 11 43 0.004690285
A 15,816,864 1.0040 15,753,849 10 34 0.008813102
E 70,256,272 0.9638 72,895,074 21 437 0.038810237
Random Totals: 124,419,581 126,681,785 67 775
CATG D1 EXCEPTION VALUES: 2,804,171 2,256,615
Total Test Values 127,223,752 128,938,400

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,446,920

Confidence Interval Values(5)

Local Test Value: 127,223,752 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 122,491,480 (State Test Value minus Margin of Error Percent)
State Upper Limit: 135,385,320 (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