taxes Property Tax Assistance

2023 Confidence Interval Detail

Van Zandt County
234-903/Edgewood ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
A 52,777,396 1.0472 50,398,583 12 434 0.032556759
A 63,992,170 1.1043 57,948,175 11 307 0.069303689
A 75,887,291 1.1037 68,757,172 11 261 0.020614830
A 116,912,788 1.0787 108,383,043 12 253 0.033710430
E 297,922,314 1.0515 283,330,779 19 1,247 0.049234756
Random Totals: 607,491,959 568,817,752 65 2,502
CATG D1 EXCEPTION VALUES: 6,860,738 5,672,323
Total Test Values 614,352,697 574,490,075

Margin of Error

Margin of Error Percent: 5.7403288
Margin of Error Value: 32,977,619

Confidence Interval Values(5)

Local Test Value: 614,352,697 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 541,512,456 (State Test Value minus Margin of Error Percent)
State Upper Limit: 607,467,694 (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