taxes Property Tax Assistance

2019 Confidence Interval Detail

Hood County
111-901/Granbury ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 850,030,478 0.9432 901,219,760 74 6542 0.020612727
A 954,011,237 0.9330 1,022,520,083 72 4267 0.021593356
A 1,103,570,097 0.9716 1,135,827,601 75 3499 0.008726787
A 1,199,969,084 0.9619 1,247,498,788 74 2316 0.008858578
E 458,957,252 0.9430 486,699,101 43 2409 0.012889922
F1 151,676,030 0.9856 153,892,076 16 488 0.024927609
F1 168,200,830 0.8480 198,350,035 9 207 0.045797133
F1 185,180,190 0.9632 192,255,181 9 86 0.021128612
F1 161,174,250 0.9388 171,681,135 7 23 0.006634274
Random Totals: 5,232,769,448 5,509,943,760 379 19,837
CATG D1 EXCEPTION VALUES: 17,350,850 9,651,761
Total Test Values(1) 5,250,120,298 5,519,595,521

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 275,979,776

Confidence Interval Values(5)

Local Test Value: 5,250,120,298 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 5,243,615,745 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,795,575,297 (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