taxes Property Tax Assistance

2017 Confidence Interval Detail

226/Tom Green
226-907/Grape Creek ISD

Category Summary

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

Stratum
Variance
A 59,346,240 1.0841 54,742,404 14 919 .081684892
A 58,079,620 0.9688 59,950,062 14 458 .008350234
A 60,870,390 1.0335 58,897,329 26 321 .004471094
A 64,854,410 1.0157 63,851,935 20 230 .003210799
E 26,428,720 0.8695 30,395,308 14 352 .029786504
Random Totals: 269,579,380   267,837,038 88 2,280  
Catg D1 Exception Values: 7,282,440   5,195,043      
Total Test Values (4): 276,861,820   273,032,081      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,651,604

Confidence Interval Values (5)

State Lower Limit: 259,380,477 (State Test Value minus Margin of Error Percent)
Local Test Value: 276,861,820 (Within Confidence Interval)
State Upper Limit: 286,683,685 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 274,355,950 (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, D2, E, 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