taxes Property Tax Assistance

2016 Confidence Interval Detail

091/Grayson
091-903/Denison ISD

Category Summary

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

Stratum
Variance
A 188,890,114 0.9657 195,599,165 49 3,726 .024049580
A 207,507,989 0.9669 214,611,634 51 2,228 .011622584
A 262,081,747 0.9754 268,691,559 50 1,784 .003028924
A 254,442,711 0.9569 265,903,136 36 895 .011747706
E 86,969,313 0.9755 89,153,576 15 796 .011321074
F1 62,861,710 0.9226 68,135,389 10 434 .051864993
F1 72,897,717 0.9052 80,532,166 12 105 .034706209
F1 66,000,351 0.8604 76,708,916 7 21 .014592357
L1 20,288,204 0.9950 20,390,155 10 359 .005122640
L1 20,781,422 1.0469 19,850,437 9 75 .003047932
L1 23,869,390 1.0008 23,850,310 7 28 .011442283
L1 14,412,983 0.9845 14,639,901 3 4 .001064755
Random Totals: 1,281,003,651   1,338,066,344 259 10,455  
Catg D1 Exception Values: 2,533,476   1,954,220      
Catg F1 Exception Values: 165,768,605   172,266,546      
Catg L1 Exception Values: 28,900,000   26,374,557      
Total Test Values (4): 1,478,205,732   1,538,661,667      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 76,933,083

Confidence Interval Values (5)

State Lower Limit: 1,461,728,584 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,478,205,732 (Within Confidence Interval)
State Upper Limit: 1,615,594,750 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,493,833,625 (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