taxes Property Tax Assistance

2021 Confidence Interval Detail

Johnson County
126-904/Grandview ISD

Category Summary

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

Stratum
Variance
A 27,040,003 0.9800 27,591,840 15 257 0.033648888
A 33,337,550 0.9532 34,974,350 14 200 0.018394555
A 29,627,555 1.0148 29,195,462 14 129 0.014841093
A 46,548,935 0.9866 47,181,163 14 132 0.030457972
E 250,367,770 0.9187 272,523,969 20 1,347 0.049246831
Random Totals: 386,921,813 411,466,784 77 2,065
CATG D1 EXCEPTION VALUES: 6,289,981 4,398,948
CATG J EXCEPTION VALUES: 6,309,953 6,558,897
Total Test Values 399,521,747 422,424,629

Margin of Error

Margin of Error Percent: 6.4663611
Margin of Error Value: 27,315,502

Confidence Interval Values(5)

Local Test Value: 399,521,747 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 395,109,127 (State Test Value minus Margin of Error Percent)
State Upper Limit: 449,740,131 (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