taxes Property Tax Assistance

2022 Confidence Interval Detail

Grayson County
091-902/Collinsville ISD

Category Summary

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

Stratum
Variance
A 25,902,268 0.9020 28,716,483 15 217 0.033120970
A 35,708,633 0.9279 38,483,277 15 198 0.028154849
A 56,546,245 0.9007 62,780,332 15 242 0.016721458
A 90,955,693 0.9983 91,110,581 15 236 0.006917018
E 117,600,595 1.0723 109,671,356 20 479 0.041587219
Random Totals: 326,713,434 330,762,029 80 1,372
CATG D1 EXCEPTION VALUES: 2,242,268 1,834,849
Total Test Values 328,955,702 332,596,878

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,629,844

Confidence Interval Values(5)

Local Test Value: 328,955,702 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 315,967,034 (State Test Value minus Margin of Error Percent)
State Upper Limit: 349,226,722 (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