taxes Property Tax Assistance

2022 Confidence Interval Detail

Grayson County
091-917/Gunter ISD

Category Summary

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

Stratum
Variance
A 81,091,333 1.0020 80,929,474 11 325 0.018596959
A 21,196,056 1.0470 20,244,562 10 52 0.010517109
A 60,059,133 1.0067 59,659,415 10 122 0.012654152
A 386,921,057 0.9212 420,018,516 10 583 0.009827696
E 126,148,473 1.0269 122,843,970 10 318 0.030127566
Random Totals: 675,416,052 703,695,937 51 1,400
CATG D1 EXCEPTION VALUES: 2,807,974 2,199,092
Total Test Values 678,224,026 705,895,029

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 35,294,751

Confidence Interval Values(5)

Local Test Value: 678,224,026 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 670,600,278 (State Test Value minus Margin of Error Percent)
State Upper Limit: 741,189,780 (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