taxes Property Tax Assistance

2016 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 687,184,690 0.9285 740,101,982 74 6,482 .005363109
A 716,916,360 0.9539 751,563,434 76 3,839 .003053914
A 773,817,110 0.9438 819,895,221 81 2,897 .003334157
A 835,722,610 0.9692 862,280,861 73 1,853 .002490336
E 320,786,880 0.9020 355,639,557 10 2,299 .009276578
F1 129,769,120 0.9130 142,134,852 10 475 .049935651
F1 171,509,790 0.9809 174,849,414 11 229 .009502413
F1 161,811,160 0.9729 166,318,388 9 78 .003007627
F1 165,282,170 0.9952 166,079,351 6 24 .002930516
G1 23,664,140 1.0237 23,116,284 10 202 .095943708
G1 23,586,440 0.9656 24,426,719 9 74 .013728722
G1 23,677,220 1.0108 23,424,238 8 49 .019664304
G1 23,446,400 1.0040 23,352,988 8 31 .007840940
Random Totals: 4,057,174,090   4,273,183,289 385 18,532  
Catg D1 Exception Values: 9,966,633   6,573,575      
Total Test Values (4): 4,067,140,723   4,279,756,864      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 213,987,843

Confidence Interval Values (5)

State Lower Limit: 4,065,769,021 (State Test Value minus Margin of Error Percent)
Local Test Value: 4,067,140,723 (Within Confidence Interval)
State Upper Limit: 4,493,744,707 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 4,649,788,986 (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