taxes Property Tax Assistance

2024 Confidence Interval Detail

Grayson County
091-914/S and S CISD

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 2 152,764,072 0.9537 160,180,426 18 732 0.007806179
A 3 115,698,361 0.9784 118,252,618 12 314 0.004616186
A 4 114,917,523 1.0435 110,126,999 12 226 0.003003485
A 5 134,562,240 0.9938 135,401,731 12 172 0.012548623
E 0 299,038,894 0.9483 315,342,080 20 1,045 0.028885229
G1 2 11,441,100 1.0325 11,080,969 8 36 0.001609639
G1 3 11,866,817 1.0585 11,210,975 6 14 0.002972781
G1 4 11,423,495 1.0475 10,905,484 4 6 0.003265690
Random Totals: 851,712,502 872,501,282 92 2,545
CATG D1 EXCEPTION VALUES: 3,400,198 3,290,078
CATG G1 EXCEPTION VALUES: 9,202,274 9,165,292
Total Test Values 864,314,974 884,956,652

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 44,247,833

Confidence Interval Values(5)

Local Test Value: 864,314,974 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 840,708,819 (State Test Value minus Margin of Error Percent)
State Upper Limit: 929,204,485 (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