taxes Property Tax Assistance

2016 Confidence Interval Detail

156/Martin
156-905/Grady ISD

Category Summary

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

Stratum
Variance
G1 288,890,743 1.0724 269,387,116 16 267 .032713794
G1 298,588,759 1.0120 295,048,181 12 53 .003859451
G1 359,558,583 1.0238 351,200,022 6 9 .006049447
Random Totals: 947,038,085   915,635,319 34 329  
Catg D1 Exception Values: 12,935,710   10,543,540      
Catg G1 Exception Values: 201,998,610   206,772,641      
Total Test Values (4): 1,161,972,405   1,132,951,500      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 56,647,575

Confidence Interval Values (5)

State Lower Limit: 1,076,303,925 (State Test Value minus Margin of Error Percent)
Local Test Value: 1,161,972,405 (Within Confidence Interval)
State Upper Limit: 1,189,599,075 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 1,484,281,791 (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