taxes Property Tax Assistance

2024 Confidence Interval Detail

Grayson County
091-917/Gunter 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 2 159,094,732 0.9753 163,123,892 15 376 0.008767541
A 3 139,127,325 1.0110 137,613,576 12 212 0.001127793
A 4 181,774,778 0.9983 182,084,321 14 237 0.008755553
A 5 206,170,288 0.9295 221,807,733 12 197 0.010989731
E 0 214,331,859 0.9717 220,574,106 19 385 0.004220210
Random Totals: 900,498,982 925,203,628 72 1,407
CATG D1 EXCEPTION VALUES: 2,159,121 2,139,317
Total Test Values 902,658,103 927,342,945

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 46,367,147

Confidence Interval Values(5)

Local Test Value: 902,658,103 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 880,975,798 (State Test Value minus Margin of Error Percent)
State Upper Limit: 973,710,092 (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