taxes Property Tax Assistance

2018 Confidence Interval Detail

091/Grayson
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 20,862,969 1.0012 20,837,963 9 254 0.004952331
A 20,154,963 0.9903 20,352,381 14 160 0.004266287
A 33,312,595 0.9937 33,523,795 19 200 0.004925327
A 36,207,982 0.9213 39,300,968 9 136 0.010770738
E 60,880,670 0.9548 63,762,746 10 442 0.013226327
Random Totals: 171,419,179 177,777,853 61 1,192
CATG D1 EXCEPTION VALUES: 3,030,845 2,288,016
CATG J EXCEPTION VALUES: 7,666,349 8,610,291
Total Test Values(2) 182,116,373 188,676,160

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,433,808

Confidence Interval Values(5)

Local Test Value: 182,116,373 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 179,242,352 (State Test Value minus Margin of Error Percent)
State Upper Limit: 198,109,968 (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