taxes Property Tax Assistance

2022 Confidence Interval Detail

Grayson County
091-906/Sherman ISD

Category Summary

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

Stratum
Variance
A 377,207,807 0.9065 416,114,514 9 3,354 0.075611312
A 505,240,809 0.9418 536,462,953 24 3,027 0.035680733
A 691,885,299 0.9483 729,605,925 42 2,956 0.010257476
A 1,127,445,620 0.9789 1,151,747,492 43 2,956 0.015623270
B 93,784,482 0.9970 94,066,682 24 345 0.015760487
B 65,718,216 0.5865 112,051,519 8 22 0.040026877
B 65,581,659 0.7151 91,709,773 6 8 0.053145244
B 112,216,507 0.9213 121,802,352 4 7 0.031422838
F1 238,742,977 0.9225 258,799,975 14 566 0.037498191
F1 229,488,643 0.9455 242,716,703 14 128 0.056120002
F1 354,024,903 0.9876 358,469,930 16 67 0.123855959
F1 178,835,877 1.0318 173,324,168 7 9 0.004510780
L1 72,124,054 1.0751 67,085,903 10 500 0.004411600
L1 85,974,016 1.0286 83,583,527 10 119 0.014198113
L1 74,358,848 1.0766 69,068,222 8 34 0.012633324
L1 103,827,448 1.0581 98,126,309 5 16 0.017413359
Random Totals: 4,376,457,165 4,604,735,947 244 14,114
CATG D1 EXCEPTION VALUES: 1,639,259 1,169,611
Total Test Values 4,378,096,424 4,605,905,558

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 230,295,278

Confidence Interval Values(5)

Local Test Value: 4,378,096,424 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,375,610,280 (State Test Value minus Margin of Error Percent)
State Upper Limit: 4,836,200,836 (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