taxes Property Tax Assistance

2023 Confidence Interval Detail

Fannin County
074-904/Dodd City ISD

Category Summary

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

Stratum
Variance
A 10,042,030 0.9827 10,218,816 12 90 0.046292713
A 15,337,070 0.9990 15,352,422 13 80 0.029247577
A 19,663,390 1.0861 18,104,585 13 70 0.018142015
A 23,693,690 1.0366 22,857,119 11 54 0.011611399
E 60,238,170 1.0535 57,179,089 20 243 0.086696340
L1 13,202,480 1.0117 13,049,797 6 14 0.005029518
Random Totals: 142,176,830 136,761,828 75 551
CATG D1 EXCEPTION VALUES: 2,483,215 2,330,555
CATG L1 EXCEPTION VALUES: 3,245,510 3,104,919
Total Test Values 147,905,555 142,197,302

Margin of Error

Margin of Error Percent: 5.3777086
Margin of Error Value: 7,646,957

Confidence Interval Values(5)

Local Test Value: 147,905,555 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 134,550,345 (State Test Value minus Margin of Error Percent)
State Upper Limit: 149,844,259 (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