taxes Property Tax Assistance

2024 Confidence Interval Detail

Grayson County
091-908/Van Alstyne 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 2 441,791,605 0.9973 442,987,672 77 1,375 0.002977471
A 3 360,383,483 0.9948 362,267,273 50 822 0.004010066
A 4 353,564,989 0.9826 359,825,961 30 611 0.003510284
A 5 341,622,191 0.9415 362,848,849 22 414 0.011581447
E 0 414,152,660 0.9574 432,580,593 19 812 0.015974710
Random Totals: 1,911,514,928 1,960,510,348 198 4,034
CATG D1 EXCEPTION VALUES: 1,618,326 1,620,020
Total Test Values 1,913,133,254 1,962,130,368

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 98,106,518

Confidence Interval Values(5)

Local Test Value: 1,913,133,254 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,864,023,850 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,060,236,886 (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