taxes Property Tax Assistance

2017 Confidence Interval Detail

074/Fannin
074-907/Honey Grove ISD

Category Summary

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

Stratum
Variance
A 14,029,324 0.9452 14,842,704 10 399 .032916191
A 16,410,932 0.9383 17,490,069 10 234 .008531745
A 16,267,097 1.0732 15,157,563 10 145 .024909087
A 19,924,958 1.0396 19,165,985 10 106 .003947428
E 63,414,131 0.9151 69,297,488 17 782 .031667319
Random Totals: 130,046,442   135,953,809 57 1,666  
Catg J Exception Values: 925,630   743,301      
Catg D1 Exception Values: 15,949,851   17,624,354      
Total Test Values (4): 146,921,923   154,321,464      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 7,716,073

Confidence Interval Values (5)

State Lower Limit: 146,605,391 (State Test Value minus Margin of Error Percent)
Local Test Value: 146,921,923 (Within Confidence Interval)
State Upper Limit: 162,037,537 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 177,375,904 (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