taxes Property Tax Assistance

2023 Confidence Interval Detail

Johnson County
126-904/Grandview ISD

Category Summary

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

Stratum
Variance
A 33,399,100 0.9936 33,614,231 10 204 0.062975837
A 51,545,831 1.0196 50,554,954 11 205 0.010900146
A 53,919,625 1.1091 48,615,657 13 164 0.046564078
A 127,595,248 1.0454 122,053,997 20 257 0.010278782
E 428,152,517 1.0579 404,719,271 25 1,407 0.051768453
Random Totals: 694,612,321 659,558,110 79 2,237
CATG D1 EXCEPTION VALUES: 5,916,571 3,934,930
CATG J EXCEPTION VALUES: 7,312,365 7,680,815
Total Test Values 707,841,257 671,173,855

Margin of Error

Margin of Error Percent: 5.6038534
Margin of Error Value: 37,611,599

Confidence Interval Values(5)

Local Test Value: 707,841,257 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 633,562,256 (State Test Value minus Margin of Error Percent)
State Upper Limit: 708,785,454 (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