taxes Property Tax Assistance

2017 Confidence Interval Detail

074/Fannin
074-911/Savoy ISD

Category Summary

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

Stratum
Variance
A 7,983,500 0.7614 10,485,290 9 170 .066260582
A 8,354,200 0.8896 9,390,962 10 107 .057665096
A 8,537,460 1.0391 8,216,206 9 71 .002365303
A 10,311,920 1.0230 10,080,078 8 50 .003585793
E 40,783,883 1.0039 40,625,444 20 443 .216024875
Random Totals: 75,970,963   78,797,980 56 841  
Catg D1 Exception Values: 2,438,680   2,617,085      
Total Test Values (4): 78,409,643   81,415,065      

Margin of Error

Margin of Error Percent: 10.5359125
Margin of Error Value: 8,577,820

Confidence Interval Values (5)

State Lower Limit: 72,837,245 (State Test Value minus Margin of Error Percent)
Local Test Value: 78,409,643 (Within Confidence Interval)
State Upper Limit: 89,992,885 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 91,954,833 (See ISD Summary Worksheet)

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
(6) Includes local value of unstudied property categories and sub-categories