taxes Property Tax Assistance

2022 Confidence Interval Detail

Hood County
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 977,662,688 0.8503 1,149,785,591 98 5,805 0.052314022
A 1,099,567,203 0.9167 1,199,484,240 99 3,924 0.025619181
A 1,634,544,077 0.9527 1,715,696,523 99 4,182 0.015136155
A 3,159,777,209 0.9505 3,324,331,624 98 4,523 0.014451188
E 927,223,413 0.9124 1,016,246,617 32 3,062 0.034156078
F1 176,107,677 0.8953 196,702,420 15 523 0.029639123
F1 228,368,980 0.9688 235,723,555 13 245 0.005999926
F1 207,209,770 0.9641 214,925,599 10 81 0.004810426
F1 273,327,800 0.9104 300,228,251 7 29 0.033481132
Random Totals: 8,683,788,817 9,353,124,420 471 22,374
CATG D1 EXCEPTION VALUES: 8,653,940 10,145,577
CATG J EXCEPTION VALUES: 72,071,440 79,174,588
Total Test Values 8,764,514,197 9,442,444,585

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 472,122,229

Confidence Interval Values(5)

Local Test Value: 8,764,514,197 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 8,970,322,356 (State Test Value minus Margin of Error Percent)
State Upper Limit: 9,914,566,814 (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