taxes Property Tax Assistance

2023 Confidence Interval Detail

Van Zandt County
234-902/Canton ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 125,494,297 0.8759 143,274,685 15 918 0.034383046
A 165,846,031 1.0455 158,628,437 27 750 0.017796089
A 184,807,266 1.0380 178,041,682 32 596 0.013216548
A 278,380,852 1.0650 261,390,471 27 582 0.009735375
E 634,984,786 1.0705 593,166,545 26 2,518 0.028341274
F1 51,045,970 0.5857 87,153,782 12 239 0.362446918
F1 54,596,790 0.8675 62,935,781 12 94 0.048183746
F1 63,034,860 0.8009 78,705,032 12 46 0.132262336
F1 55,996,170 0.8464 66,158,046 9 12 0.023947572
Random Totals: 1,614,187,022 1,629,454,461 172 5,755
CATG D1 EXCEPTION VALUES: 15,040,410 12,283,016
Total Test Values 1,629,227,432 1,641,737,477

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 82,086,874

Confidence Interval Values(5)

Local Test Value: 1,629,227,432 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,559,650,603 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,723,824,351 (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