taxes Property Tax Assistance

2016 Confidence Interval Detail

091/Grayson
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 30,483,330 0.9858 30,922,428 17 275 .009632960
A 22,286,380 1.0239 21,766,169 9 98 .002869066
A 52,001,166 1.0049 51,747,603 18 170 .004843274
A 69,186,545 0.9551 72,439,059 12 161 .006342801
E 45,955,106 1.0201 45,049,609 14 300 .007856481
Random Totals: 219,912,527   221,924,868 70 1,004  
Catg J Exception Values: 20,463,075   22,135,475      
Catg D1 Exception Values: 4,135,304   3,485,440      
Total Test Values (4): 244,510,906   247,545,783      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,377,289

Confidence Interval Values (5)

State Lower Limit: 235,168,494 (State Test Value minus Margin of Error Percent)
Local Test Value: 244,510,906 (Within Confidence Interval)
State Upper Limit: 259,923,072 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 251,314,539 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories