taxes Property Tax Assistance

2023 Confidence Interval Detail

Van Zandt County
234-909/Fruitvale ISD

Category Summary

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

Stratum
Variance
A 10,520,470 0.9205 11,429,082 12 115 0.031083802
A 12,075,924 1.1242 10,741,793 12 77 0.014141265
A 19,837,710 1.0713 18,517,418 12 96 0.014789998
A 26,955,780 1.1523 23,393,023 12 83 0.021906857
E 80,988,657 1.0535 76,875,802 19 448 0.014390540
Random Totals: 150,378,541 140,957,118 67 819
CATG D1 EXCEPTION VALUES: 2,649,340 2,248,067
CATG J EXCEPTION VALUES: 4,106,920 4,312,015
Total Test Values 157,134,801 147,517,200

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,375,860

Confidence Interval Values(5)

Local Test Value: 157,134,801 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 140,141,340 (State Test Value minus Margin of Error Percent)
State Upper Limit: 154,893,060 (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