taxes Property Tax Assistance

2024 Confidence Interval Detail

Gray County
090-905/Grandview-Hopkins 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
E 0 6,306,800 0.6355 9,924,154 12 69 0.065590600
G1 2 7,689,430 1.0364 7,419,365 9 62 0.002572628
G1 3 7,769,940 1.0986 7,072,583 7 21 0.007336751
G1 4 8,347,940 1.0359 8,058,635 5 7 0.004375296
Random Totals: 30,114,110 32,474,737 33 159
CATG D1 EXCEPTION VALUES: 11,737,310 9,234,638
CATG G1 EXCEPTION VALUES: 24,785,690 23,809,773
CATG J EXCEPTION VALUES: 7,797,710 8,270,236
Total Test Values 74,434,820 73,789,384

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,689,469

Confidence Interval Values(5)

Local Test Value: 74,434,820 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 70,099,915 (State Test Value minus Margin of Error Percent)
State Upper Limit: 77,478,853 (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