taxes Property Tax Assistance

2022 Confidence Interval Detail

Grimes County
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 5,198,810 0.8502 6,114,808 10 56 0.014897270
A 4,195,200 0.9497 4,417,395 8 19 0.006792818
A 3,077,150 1.0342 2,975,392 7 9 0.024080333
A 11,252,380 0.9802 11,479,678 6 22 0.000442195
E 53,549,646 0.9697 55,222,900 21 247 0.034819633
Random Totals: 77,273,186 80,210,173 52 353
CATG D1 EXCEPTION VALUES: 2,723,532 2,523,064
CATG J EXCEPTION VALUES: 10,230,370 11,940,407
Total Test Values 90,227,088 94,673,644

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,733,682

Confidence Interval Values(5)

Local Test Value: 90,227,088 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 89,939,962 (State Test Value minus Margin of Error Percent)
State Upper Limit: 99,407,326 (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