taxes Property Tax Assistance

2020 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 1,009,625,947 0.9316 1,083,754,774 88 6,996 0.015910589
A 1,030,109,107 0.9627 1,070,020,886 88 4,223 0.008308936
A 1,147,538,153 0.9685 1,184,861,283 84 3,373 0.008598988
A 1,280,524,636 0.9521 1,344,947,627 85 2,293 0.006919377
E 501,000,143 0.9080 551,762,272 31 2,512 0.039179583
F1 169,149,320 0.9501 178,033,175 11 506 0.009169284
F1 165,366,915 0.9735 169,868,428 11 188 0.006653809
F1 159,017,470 0.9575 166,075,687 10 73 0.012429877
F1 216,562,810 0.9726 222,663,798 9 29 0.003163495
Random Totals: 5,678,894,501 5,971,987,930 417 20,193
CATG D1 EXCEPTION VALUES: 16,765,960 9,662,871
Total Test Values 5,695,660,461 5,981,650,801

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 299,082,540

Confidence Interval Values(5)

Local Test Value: 5,695,660,461 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 5,682,568,261 (State Test Value minus Margin of Error Percent)
State Upper Limit: 6,280,733,341 (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