taxes Property Tax Assistance

2024 Confidence Interval Detail

Grayson County
091-905/Howe 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 2 130,418,441 0.9720 134,175,351 18 578 0.012319308
A 3 124,431,160 1.0225 121,693,066 17 386 0.005217780
A 4 105,801,952 0.9840 107,522,309 12 237 0.002947420
A 5 106,582,823 0.9599 111,035,340 15 176 0.008885204
E 0 176,090,068 1.0541 167,052,526 16 451 0.023348017
Random Totals: 643,324,444 641,478,592 78 1,828
CATG D1 EXCEPTION VALUES: 3,304,411 3,536,044
Total Test Values 646,628,855 645,014,636

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 32,250,732

Confidence Interval Values(5)

Local Test Value: 646,628,855 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 612,763,904 (State Test Value minus Margin of Error Percent)
State Upper Limit: 677,265,368 (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