taxes Property Tax Assistance

2023 Confidence Interval Detail

Fannin County
074-911/Savoy ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 20,509,690 0.8101 25,317,479 13 176 0.034448784
A 25,814,189 0.9529 27,090,134 12 137 0.003878384
A 24,412,880 0.9965 24,498,625 12 86 0.006324444
A 41,099,950 1.0274 40,003,845 13 93 0.029718098
E 109,736,297 1.1213 97,865,243 20 437 0.043123589
F1 16,404,371 0.9560 17,159,384 8 33 0.014650116
Random Totals: 237,977,377 231,934,710 78 962
CATG D1 EXCEPTION VALUES: 2,644,790 2,353,998
Total Test Values 240,622,167 234,288,708

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,714,435

Confidence Interval Values(5)

Local Test Value: 240,622,167 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 222,574,273 (State Test Value minus Margin of Error Percent)
State Upper Limit: 246,003,143 (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