taxes Property Tax Assistance

2024 Confidence Interval Detail

Gray County
090-902/Lefors ISD

Category Summary

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

Stratum
Variance
A 2 1,881,620 0.3350 5,616,776 11 133 0.237981045
A 3 1,766,370 0.5137 3,438,524 10 42 0.044845253
A 4 1,710,220 0.5918 2,889,861 9 25 0.036835448
A 5 1,886,760 0.6311 2,989,637 8 19 0.110211652
E 0 6,896,260 0.5896 11,696,506 20 77 0.163496309
G1 2 16,115,430 1.0036 16,057,623 15 47 0.009037271
G1 3 17,296,220 0.9901 17,469,165 9 13 0.001154873
Random Totals: 47,552,880 60,158,092 82 356
CATG D1 EXCEPTION VALUES: 3,039,130 2,113,057
CATG G1 EXCEPTION VALUES: 30,120,350 28,790,569
CATG J EXCEPTION VALUES: 7,944,010 8,415,575
Total Test Values 88,656,370 99,477,293

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 4,973,865

Confidence Interval Values(5)

Local Test Value: 88,656,370 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 94,503,428 (State Test Value minus Margin of Error Percent)
State Upper Limit: 104,451,158 (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