taxes Property Tax Assistance

2018 Confidence Interval Detail

093/Grimes
093-905/Richards ISD

Category Summary

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

Stratum
Variance
A 3,508,590 0.8685 4,039,827 14 58 0.012844518
A 2,677,350 1.0036 2,667,746 11 18 0.009863555
A 4,976,600 1.0635 4,679,455 10 19 0.004366725
A 4,392,310 1.1023 3,984,677 4 8 0.002872591
E 32,237,552 1.0244 31,469,692 21 229 0.040223879
G1 10,092,050 1.0031 10,060,861 13 40 0.000297916
Random Totals: 57,884,452 56,902,258 73 372
CATG D1 EXCEPTION VALUES: 2,651,222 2,756,008
CATG J EXCEPTION VALUES: 7,263,450 7,634,826
Total Test Values(2) 67,799,124 67,293,092

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,364,655

Confidence Interval Values(5)

Local Test Value: 67,799,124 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 63,928,437 (State Test Value minus Margin of Error Percent)
State Upper Limit: 70,657,747 (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