taxes Property Tax Assistance

2016 Confidence Interval Detail

238/Ward
238-904/Grandfalls-Royalty ISD

Category Summary

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

Stratum
Variance
G1 9,606,980 1.0346 9,285,695 15 76 .067558672
G1 9,533,370 1.0512 9,069,035 10 18 .028176140
G1 12,689,922 1.0489 12,098,314 5 6 .010476026
Random Totals: 31,830,272   30,453,044 30 100  
Catg J Exception Values: 5,925,080   6,220,878      
Catg D1 Exception Values: 378,340   511,225      
Catg G1 Exception Values: 6,095,330   5,909,472      
Total Test Values (4): 44,229,022   43,094,619      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 2,154,730

Confidence Interval Values (5)

State Lower Limit: 40,939,889 (State Test Value minus Margin of Error Percent)
Local Test Value: 44,229,022 (Within Confidence Interval)
State Upper Limit: 45,249,349 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 89,245,601 (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