taxes Property Tax Assistance

2020 Confidence Interval Detail

Grayson County
091-903/Denison ISD

Category Summary

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

Stratum
Variance
A 326,286,403 0.9810 332,605,915 58 3,966 0.014115614
A 352,681,754 0.9807 359,622,468 69 2,510 0.008265035
A 335,593,719 0.9916 338,436,586 69 1,623 0.003613809
A 361,393,686 0.9705 372,378,862 52 976 0.002561358
E 126,432,615 0.9719 130,088,090 16 692 0.016534209
F1 94,705,125 0.8893 106,494,012 10 429 0.082868101
F1 102,261,155 0.9342 109,463,878 10 102 0.009922842
F1 80,087,174 0.9978 80,263,754 8 22 0.049491976
F1 140,960,122 0.8541 165,039,365 4 12 0.035284298
L1 24,703,517 1.0356 23,854,304 10 281 0.004057911
L1 24,386,105 0.9718 25,093,749 11 70 0.006051236
L1 21,200,760 1.0629 19,946,147 10 27 0.008431738
L1 21,285,155 1.0300 20,665,199 5 9 0.009698048
Random Totals: 2,011,977,290 2,083,952,329 332 10,719
CATG D1 EXCEPTION VALUES: 2,174,417 1,087,546
CATG F1 EXCEPTION VALUES: 152,500,000 157,754,942
CATG L1 EXCEPTION VALUES: 43,355,518 43,355,518
Total Test Values 2,210,007,225 2,286,150,335

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 114,307,517

Confidence Interval Values(5)

Local Test Value: 2,210,007,225 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,171,842,818 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,400,457,852 (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