taxes Property Tax Assistance

2018 Confidence Interval Detail

091/Grayson
091-906/Sherman ISD

Category Summary

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

Stratum
Variance
A 303,200,702 0.9493 319,393,977 91 4,230 .019428023
A 357,732,134 0.9410 380,161,673 121 2,821 .018293649
A 351,704,296 0.9695 362,768,743 108 1,942 .003862200
A 404,285,299 0.9801 412,493,928 84 1,350 .004032556
B 54,372,106 0.9269 58,660,164 12 252 .007594132
B 44,121,674 0.6188 71,301,994 5 11 .012714896
B 41,421,780 0.6331 65,426,915 5 7 .106919834
F1 181,142,782 0.8766 206,642,462 24 476 .038341189
F1 194,415,974 0.9050 214,824,281 11 108 .054048909
F1 189,917,419 1.0661 178,142,218 10 33 .038414554
F1 140,119,118 1.0928 128,220,276 4 6 .024538823
L1 57,808,742 0.9568 60,418,836 11 631 .062338862
L1 59,395,469 1.0611 55,975,374 10 117 .009894904
L1 52,403,874 1.0793 48,553,575 9 35 .042452734
L1 57,712,328 1.0496 54,985,069 5 11 .012935207
Random Totals: 2,489,753,697   2,617,969,485 510 12,030  
Catg D1 Exception Values: 2,477,524   1,744,258      
Total Test Values (4): 2,492,231,221   2,619,713,743      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 130,985,687

Confidence Interval Values (5)

State Lower Limit: 2,488,728,056 (State Test Value minus Margin of Error Percent)
Local Test Value: 2,492,231,221 (Within Confidence Interval)
State Upper Limit: 2,750,699,430 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 3,119,770,527 (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