taxes Property Tax

School and Appraisal Districts Property Value Study 2014 Report

2014 Confidence Interval Detail
111/Hood
111-901/Granbury ISD

Category Summary

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

Stratum
Variance
A 673,763,100 0.9293 725,022,167 92 6,536 .021955214
A 703,341,230 0.9523 738,571,070 71 3,903 .021036038
A 716,797,020 0.9445 758,916,908 58 2,704 .013924807
A 687,110,560 0.9658 711,441,872 15 1,474 .048600871
E 255,010,810 0.9723 262,275,851 26 1,970 .032596657
F1 121,017,580 1.0014 120,848,392 10 460 .005954228
F1 118,524,120 0.9762 121,413,768 9 170 .007328231
F1 113,432,600 0.9432 120,263,571 9 60 .018211202
F1 120,455,690 0.9716 123,976,626 6 18 .002171332
G1 86,758,238 1.0174 85,274,462 10 185 .042697760
G1 86,593,240 1.0361 83,576,141 9 91 .058238927
G1 85,585,311 1.0107 84,679,243 9 59 .013783103
G1 85,781,431 1.0521 81,533,534 8 37 .012831930
Random Totals: 3,854,170,930   4,017,793,605 332 17,667  
Catg D1 Exception Values: 10,064,610   6,118,353      
Total Test Values (4): 3,864,235,540   4,023,911,958      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 201,195,598

Confidence Interval Values (5)

State Lower Limit: 3,822,716,360 (State Test Value minus Margin of Error Percent)
Local Test Value: 3,864,235,540 (Within Confidence Interval)
State Upper Limit: 4,225,107,556 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 4,465,835,507 (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