taxes Property Tax Assistance

2016 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
E 7,313,560 0.9549 7,658,980 13 145 .014733340
G1 7,099,800 1.0130 7,008,687 15 84 .048713101
G1 7,213,930 1.0477 6,885,492 14 29 .021004072
G1 7,991,820 1.0475 7,629,422 9 13 .019775370
Random Totals: 29,619,110   29,182,581 51 271  
Catg D1 Exception Values: 7,850,680   10,086,564      
Catg G1 Exception Values: 5,820,650   5,600,958      
Total Test Values (4): 43,290,440   44,870,103      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,243,505

Confidence Interval Values (5)

State Lower Limit: 42,626,598 (State Test Value minus Margin of Error Percent)
Local Test Value: 43,290,440 (Within Confidence Interval)
State Upper Limit: 47,113,608 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 97,110,599 (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