taxes Property Tax Assistance

2023 Confidence Interval Detail

Hood County
111-901/Granbury ISD

Category Summary

(1)
Category 		(1)
Local
Value 		(1)
Stratum
Ratio 		(1)
State
Value 		(2)
Sample
Size 		(3)
Total
Parcels
Stratum
Variance
A 1,624,498,222 0.9918 1,637,929,242 98 7,327 0.012378863
A 2,003,538,069 0.9987 2,006,146,059 100 5,424 0.006701200
A 2,014,655,428 1.0050 2,004,632,267 98 3,772 0.006318935
A 2,456,823,776 0.9842 2,496,264,759 96 2,657 0.014277511
C1 69,152,677 0.8204 84,291,415 74 5,073 0.300800756
C1 101,756,578 0.8994 113,138,290 76 3,186 0.120811872
C1 82,088,100 0.8578 95,696,083 22 744 0.060750730
C1 133,300,020 0.9837 135,508,814 20 371 0.005420454
E 1,114,882,851 1.0171 1,096,138,876 44 2,990 0.011864772
F1 214,698,430 0.9944 215,907,512 13 517 0.005481247
F1 245,032,990 0.9893 247,683,200 10 207 0.012291450
F1 240,668,160 1.0313 233,363,871 9 74 0.029500404
F1 280,664,190 1.0569 265,554,158 7 22 0.007535039
Random Totals: 10,581,759,491 10,632,254,546 667 32,364
CATG D1 EXCEPTION VALUES: 9,912,840 10,204,292
CATG J EXCEPTION VALUES: 5,920,520 6,137,069
Total Test Values 10,597,592,851 10,648,595,907

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 532,429,795

Confidence Interval Values(5)

Local Test Value: 10,597,592,851 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 10,116,166,112 (State Test Value minus Margin of Error Percent)
State Upper Limit: 11,181,025,702 (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