taxes Property Tax Assistance

2022 Confidence Interval Detail

Fannin County
074-907/Honey Grove ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 23,026,001 0.8189 28,118,209 15 366 0.068457517
A 30,480,986 0.9178 33,210,924 15 260 0.024729449
A 29,346,488 0.9177 31,978,302 15 167 0.031274801
A 56,931,206 0.9586 59,389,950 15 186 0.022560439
E 159,702,253 1.0602 150,634,081 20 826 0.030813371
F1 5,101,040 0.6524 7,818,884 10 73 0.082123237
F1 4,986,360 0.9678 5,152,263 7 17 0.005553162
F1 5,518,190 0.9478 5,822,104 5 9 0.009390672
F1 5,008,890 0.5720 8,756,535 2 5 0.329108304
Random Totals: 320,101,414 330,881,252 104 1,909
CATG D1 EXCEPTION VALUES: 14,163,250 11,840,765
CATG J EXCEPTION VALUES: 13,026,250 14,301,214
Total Test Values 347,290,914 357,023,231

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 17,851,162

Confidence Interval Values(5)

Local Test Value: 347,290,914 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 339,172,069 (State Test Value minus Margin of Error Percent)
State Upper Limit: 374,874,393 (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