taxes Property Tax Assistance

2024 Confidence Interval Detail

Grayson County
091-901/Bells 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 75,649,456 1.0103 74,878,210 10 391 0.002627519
A 3 63,316,816 1.0222 61,941,710 10 211 0.004279704
A 4 47,901,725 0.9440 50,743,353 11 120 0.008503479
A 5 52,305,618 0.9600 54,485,019 10 93 0.004091419
E 0 240,278,130 0.9755 246,312,793 21 820 0.012855756
Random Totals: 479,451,745 488,361,085 62 1,635
CATG D1 EXCEPTION VALUES: 1,214,533 1,035,594
CATG J EXCEPTION VALUES: 45,594,763 45,320,848
Total Test Values 526,261,041 534,717,527

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 26,735,876

Confidence Interval Values(5)

Local Test Value: 526,261,041 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 507,981,651 (State Test Value minus Margin of Error Percent)
State Upper Limit: 561,453,403 (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