taxes Property Tax Assistance

2018 Confidence Interval Detail

090/Gray
090-905/Grandview-Hopkins ISD

Category Summary

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

Stratum
Variance
E 5,627,980 1.0342 5,441,868 14 82 0.163103147
G1 6,843,030 1.0025 6,825,965 14 74 0.025476465
G1 7,167,520 1.0420 6,878,618 11 28 0.015620818
G1 6,619,950 1.0013 6,611,355 7 12 0.000268224
G1 6,720,730 1.0078 6,668,714 3 4 0.000198966
Random Totals: 32,979,210 32,426,520 49 200
CATG D1 EXCEPTION VALUES: 9,734,500 11,383,074
CATG G1 EXCEPTION VALUES: 8,185,920 8,209,771
Total Test Values(2) 50,899,630 52,019,365

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,600,968

Confidence Interval Values(5)

Local Test Value: 50,899,630 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 49,418,397 (State Test Value minus Margin of Error Percent)
State Upper Limit: 54,620,333 (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