taxes Property Tax Assistance

2024 Confidence Interval Detail

Grayson County
091-906/Sherman 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 2 774,824,340 0.9687 799,859,957 45 4,761 0.013644631
A 3 724,382,136 1.0003 724,164,887 49 2,840 0.002378417
A 4 811,756,184 1.0046 808,039,204 49 2,371 0.003785851
A 5 847,267,489 1.0100 838,878,702 47 1,591 0.005541570
B 2 99,267,086 1.0760 92,255,656 14 318 0.027500653
B 3 126,590,765 1.0676 118,575,089 9 79 0.026869331
B 4 171,363,658 0.9111 188,084,357 6 15 0.017427953
B 5 117,287,681 1.1045 106,190,748 3 5 0.000035296
F1 2 307,629,574 0.8473 363,070,428 12 570 0.143976881
F1 3 291,967,998 1.0323 282,832,508 12 145 0.004913899
F1 4 309,573,648 1.1321 273,450,798 12 61 0.014553767
F1 5 277,412,900 1.0669 260,017,715 8 20 0.012774825
L1 2 96,915,186 1.0858 89,256,941 10 470 0.052234307
L1 3 100,210,012 0.9706 103,245,428 10 101 0.006473605
L1 4 100,273,309 1.0801 92,837,060 8 37 0.009534217
L1 5 76,786,347 0.9848 77,971,514 5 9 0.002765124
Random Totals: 5,233,508,313 5,218,730,992 299 13,393
CATG D1 EXCEPTION VALUES: 1,302,508 1,240,366
Total Test Values 5,234,810,821 5,219,971,358

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 260,998,568

Confidence Interval Values(5)

Local Test Value: 5,234,810,821 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 4,958,972,790 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,480,969,926 (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