taxes Property Tax Assistance

2024 Confidence Interval Detail

Grayson County
091-903/Denison 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 2 591,002,903 0.9949 594,032,469 41 4,049 0.005792316
A 3 610,478,509 1.0048 607,562,210 50 2,734 0.003105365
A 4 594,936,388 0.9977 596,307,896 51 1,828 0.002616780
A 5 531,885,156 1.0180 522,480,507 28 908 0.009940583
E 0 357,744,848 0.9650 370,720,050 14 1,178 0.018305610
F1 2 166,627,132 0.8348 199,601,260 15 432 0.242202252
F1 3 190,712,906 0.9763 195,342,524 10 159 0.019867715
F1 4 171,308,724 1.1030 155,311,626 8 39 0.045927376
F1 5 163,644,357 0.9865 165,883,788 5 11 0.006797277
Random Totals: 3,378,340,923 3,407,242,330 222 11,338
CATG D1 EXCEPTION VALUES: 1,299,907 1,122,805
CATG F1 EXCEPTION VALUES: 196,000,000 177,544,603
Total Test Values 3,575,640,830 3,585,909,738

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 179,295,487

Confidence Interval Values(5)

Local Test Value: 3,575,640,830 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 3,406,614,251 (State Test Value minus Margin of Error Percent)
State Upper Limit: 3,765,205,225 (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