taxes Property Tax Assistance

2024 Confidence Interval Detail

Grayson County
091-902/Collinsville 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 61,795,022 1.0420 59,304,244 12 325 0.002704528
A 3 59,792,459 0.9850 60,703,004 14 220 0.001549699
A 4 64,214,046 0.9937 64,621,159 12 181 0.002003712
A 5 60,232,061 1.0078 59,765,887 15 116 0.000892594
E 0 178,693,840 1.0054 177,734,076 20 580 0.014864923
Random Totals: 424,727,428 422,128,370 73 1,422
CATG D1 EXCEPTION VALUES: 1,772,704 1,803,676
Total Test Values 426,500,132 423,932,046

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 21,196,602

Confidence Interval Values(5)

Local Test Value: 426,500,132 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 402,735,444 (State Test Value minus Margin of Error Percent)
State Upper Limit: 445,128,648 (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