taxes Property Tax Assistance

2023 Confidence Interval Detail

Van Zandt County
234-906/Van ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 109,258,271 0.8514 128,327,779 17 1,028 0.069818743
A 130,179,806 1.0155 128,192,817 19 716 0.021039022
A 151,261,071 1.0731 140,957,107 16 587 0.021905860
A 239,889,948 1.0509 228,270,956 25 586 0.044743566
E 622,210,091 0.9242 673,241,821 21 2,953 0.042718426
F1 18,012,427 0.8391 21,466,365 10 125 0.086969273
F1 16,613,450 0.8081 20,558,656 9 46 0.118306941
F1 20,279,140 0.9359 21,668,063 7 28 0.005940784
F1 17,819,140 0.9262 19,238,976 5 8 0.029773213
Random Totals: 1,325,523,344 1,381,922,540 129 6,077
CATG D1 EXCEPTION VALUES: 15,118,440 12,577,363
Total Test Values 1,340,641,784 1,394,499,903

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 69,724,995

Confidence Interval Values(5)

Local Test Value: 1,340,641,784 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,324,774,908 (State Test Value minus Margin of Error Percent)
State Upper Limit: 1,464,224,898 (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