taxes Property Tax Assistance

2018 Confidence Interval Detail

111/Hood
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 792,446,749 0.8786 901,942,578 183 6561 0.023364984
A 831,264,014 0.9496 875,383,334 193 3921 0.012780830
A 943,723,052 0.9354 1,008,897,853 192 3175 0.010280706
A 985,242,904 0.9553 1,031,343,980 148 1978 0.012874828
E 389,152,677 0.9614 404,777,072 29 2427 0.014006349
F1 158,685,797 0.8928 177,739,468 12 495 0.041207506
F1 156,679,948 0.9123 171,741,695 8 182 0.020742164
F1 150,881,940 0.8890 169,720,967 9 66 0.036720293
F1 147,066,690 0.9254 158,922,293 7 20 0.006080548
Random Totals: 4,555,143,771 4,900,469,240 781 18,825
CATG D1 EXCEPTION VALUES: 10,010,520 8,121,732
Total Test Values(1) 4,565,154,291 4,908,590,972

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 245,429,549

Confidence Interval Values(5)

Local Test Value: 4,565,154,291 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 4,663,161,423 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,154,020,521 (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