taxes Property Tax Assistance

2020 Confidence Interval Detail

Grayson County
091-901/Bells ISD

Category Summary

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

Stratum
Variance
A 32,162,538 0.9681 33,222,330 12 333 0.031211479
A 30,833,660 0.9711 31,751,272 10 192 0.011828937
A 45,785,447 0.9770 46,863,303 14 213 0.010344184
A 77,270,909 0.9236 83,662,743 10 158 0.034402152
E 106,304,690 1.0232 103,894,341 20 577 0.005232040
Random Totals: 292,357,244 299,393,989 66 1,473
CATG D1 EXCEPTION VALUES: 2,017,201 983,280
CATG J EXCEPTION VALUES: 7,299,317 7,866,469
Total Test Values 301,673,762 308,243,738

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,412,187

Confidence Interval Values(5)

Local Test Value: 301,673,762 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 292,831,551 (State Test Value minus Margin of Error Percent)
State Upper Limit: 323,655,925 (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