taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
090/Gray
090-905/Grandview-Hopkins ISD

Category Summary

(1)
Category
(1)
Local
Value
(1)
Stratum
Ratio
(1)
State
Value
(2)
Sample
Size
(3)
Total
Parcels

Stratum
Variance
G1 24,649,990 0.9605 25,663,706 15 87 .056420009
G1 24,868,030 1.0038 24,773,889 14 36 .012537254
G1 28,258,000 1.0391 27,194,688 9 15 .015411695
Random Totals: 77,776,020   77,632,283 38 138  
Catg D1 Exception Values: 7,837,170   4,280,036      
Catg G1 Exception Values: 20,046,200   19,059,716      
Total Test Values (4): 105,659,390   100,972,035      

Margin of Error

Margin of Error Percent: 5.0000002
Margin of Error Value: 5,048,602

Confidence Interval Values (5)

State Lower Limit: 95,923,433 (State Test Value minus Margin of Error Percent)
Local Test Value: 105,659,390 (Within Confidence Interval)
State Upper Limit: 106,020,637 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 148,532,656 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories