taxes Property Tax Assistance

2018 Confidence Interval Detail

091/Grayson
091-902/Collinsville ISD

Category Summary

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

Stratum
Variance
A 20,862,969 1.0012 20,837,963 9 254 .004952331
A 20,154,963 0.9903 20,352,381 14 160 .004266287
A 33,312,595 0.9937 33,523,795 19 200 .004925327
A 36,207,982 0.9213 39,300,968 9 136 .010770738
E 60,880,670 0.9548 63,762,746 10 442 .013226327
Random Totals: 171,419,179   177,777,853 61 1,192  
Catg J Exception Values: 7,666,349   8,610,706      
Catg D1 Exception Values: 3,030,845   2,288,016      
Total Test Values (4): 182,116,373   188,676,575      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,433,828

Confidence Interval Values (5)

State Lower Limit: 179,242,747 (State Test Value minus Margin of Error Percent)
Local Test Value: 182,116,373 (Within Confidence Interval)
State Upper Limit: 198,110,403 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 187,537,048 (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