taxes Property Tax Assistance

2018 Confidence Interval Detail

091/Grayson
091-914/S and S CISD

Category Summary

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

Stratum
Variance
A 53,341,481 1.0172 52,439,521 13 591 .013685877
A 63,041,078 0.9272 67,990,809 15 346 .024276652
A 64,599,554 0.9496 68,028,174 22 247 .005952333
A 69,417,918 0.9195 75,495,289 6 162 .013858981
E 100,184,744 1.0265 97,598,387 10 789 .025508827
G1 11,077,671 1.0059 11,012,696 8 40 .001688095
G1 11,369,845 1.0158 11,192,996 6 14 .000134514
G1 10,887,525 1.0154 10,722,400 4 8 .000614910
G1 9,559,452 1.0056 9,506,217 3 4 .000244497
Random Totals: 393,479,268   403,986,489 87 2,201  
Catg J Exception Values: 17,043,330   19,514,243      
Catg D1 Exception Values: 5,770,513   3,971,878      
Total Test Values (4): 416,293,111   427,472,610      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 21,373,630

Confidence Interval Values (5)

State Lower Limit: 406,098,980 (State Test Value minus Margin of Error Percent)
Local Test Value: 416,293,111 (Within Confidence Interval)
State Upper Limit: 448,846,240 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 412,681,143 (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