taxes Property Tax Assistance

2018 Confidence Interval Detail

090/Gray
033-901/Groom ISD

Category Summary

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

Stratum
Variance
E 4,952,010 1.0960 4,518,257 21 53 .121028298
Random Totals: 4,952,010   4,518,257 21 53  
Catg J Exception Values: 290,030   300,123      
Catg D1 Exception Values: 2,813,950   3,269,935      
Total Test Values (4): 8,055,990   8,088,315      

Margin of Error

Margin of Error Percent: 6.8705163
Margin of Error Value: 555,709

Confidence Interval Values (5)

State Lower Limit: 7,532,606 (State Test Value minus Margin of Error Percent)
Local Test Value: 8,055,990 (Within Confidence Interval)
State Upper Limit: 8,644,024 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 28,646,898 (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