taxes Property Tax Assistance

2017 Confidence Interval Detail

234/Van Zandt
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 5,700,110 0.8921 6,389,542 10 139 .051442292
A 4,454,310 0.8240 5,405,716 11 68 .015523627
A 5,914,430 0.9728 6,079,801 12 66 .004390517
A 6,202,670 1.0636 5,831,769 11 42 .008917263
E 31,558,570 0.9743 32,391,019 20 419 .015777616
Random Totals: 53,830,090   56,097,847 64 734  
Catg J Exception Values: 2,825,460   2,715,754      
Catg D1 Exception Values: 1,715,000   1,671,321      
Total Test Values (4): 58,370,550   60,484,922      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,024,246

Confidence Interval Values (5)

State Lower Limit: 57,460,676 (State Test Value minus Margin of Error Percent)
Local Test Value: 58,370,550 (Within Confidence Interval)
State Upper Limit: 63,509,168 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 47,409,004 (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