taxes Property Tax Assistance

2016 Confidence Interval Detail

091/Grayson
091-906/Sherman ISD

Category Summary

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

Stratum
Variance
A 227,288,837 0.9662 235,239,947 80 4,131 .023040648
A 246,131,534 0.9348 263,298,603 80 2,467 .018542510
A 332,982,945 0.9637 345,525,521 80 2,203 .008933294
A 367,259,285 0.9672 379,713,901 80 1,396 .006331396
B 36,091,393 0.9105 39,639,092 10 232 .026129092
B 32,352,609 0.8527 37,941,373 7 13 .055844586
B 45,231,347 0.8468 53,414,439 4 9 .001596289
B 32,777,795 0.8953 36,610,963 2 3 .000763491
F1 157,675,581 1.0180 154,887,604 10 482 .037029133
F1 166,997,303 0.8919 187,237,698 10 106 .094658944
F1 174,214,237 1.0494 166,013,186 10 36 .008645805
F1 190,642,062 0.8962 212,722,676 6 10 .005188280
L1 52,975,211 1.0195 51,961,953 10 599 .005137908
L1 52,024,339 1.0180 51,104,459 9 102 .007977482
L1 56,000,791 0.9883 56,663,757 8 37 .018324436
L1 49,229,491 1.0010 49,180,311 4 9 .004867205
Random Totals: 2,219,874,760   2,321,155,483 410 11,835  
Catg D1 Exception Values: 2,625,748   2,151,028      
Total Test Values (4): 2,222,500,508   2,323,306,511      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 116,165,325

Confidence Interval Values (5)

State Lower Limit: 2,207,141,186 (State Test Value minus Margin of Error Percent)
Local Test Value: 2,222,500,508 (Within Confidence Interval)
State Upper Limit: 2,439,471,836 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 2,845,067,801 (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