taxes Property Tax Assistance

2016 Confidence Interval Detail

091/Grayson
091-918/Tom Bean ISD

Category Summary

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

Stratum
Variance
A 21,481,171 0.9763 22,002,633 10 326 .015208489
A 26,243,724 0.9814 26,741,109 10 242 .004874870
A 37,907,043 0.9659 39,245,308 9 240 .019857990
A 66,192,828 1.0123 65,388,549 13 265 .004979168
E 73,232,979 1.0455 70,045,891 19 552 .011959675
Random Totals: 225,057,745   223,423,490 61 1,625  
Catg J Exception Values: 2,665,721   2,881,511      
Catg D1 Exception Values: 3,085,143   2,592,362      
Total Test Values (4): 230,808,609   228,897,363      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,444,868

Confidence Interval Values (5)

State Lower Limit: 217,452,495 (State Test Value minus Margin of Error Percent)
Local Test Value: 230,808,609 (Within Confidence Interval)
State Upper Limit: 240,342,231 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 188,364,175 (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