taxes Property Tax Assistance

2024 Confidence Interval Detail

Grayson County
091-907/Tioga 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 42,104,915 0.9703 43,393,708 14 179 0.009246804
A 3 42,013,386 0.9990 42,055,441 13 126 0.005456700
A 4 56,332,900 1.0036 56,130,829 12 132 0.003049232
A 5 22,276,152 1.0069 22,123,500 12 30 0.004902646
E 0 84,215,459 0.9714 86,694,934 21 241 0.017976844
Random Totals: 246,942,812 250,398,412 72 708
CATG D1 EXCEPTION VALUES: 1,157,384 1,171,364
Total Test Values 248,100,196 251,569,776

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 12,578,489

Confidence Interval Values(5)

Local Test Value: 248,100,196 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 238,991,287 (State Test Value minus Margin of Error Percent)
State Upper Limit: 264,148,265 (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