taxes Property Tax Assistance

2018 Confidence Interval Detail

091/Grayson
091-917/Gunter ISD

Category Summary

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

Stratum
Variance
A 48,382,166 0.9634 50,220,226 11 294 .006233779
A 47,804,075 0.9254 51,657,743 7 154 .012542594
A 62,222,647 0.9628 64,626,763 10 166 .007695864
A 73,922,541 0.9459 78,150,482 12 150 .006190125
E 61,144,138 1.0471 58,393,790 10 311 .017476012
Random Totals: 293,475,567   303,049,004 50 1,075  
Catg J Exception Values: 23,234,707   25,793,195      
Catg D1 Exception Values: 4,012,514   2,922,219      
Total Test Values (4): 320,722,788   331,764,418      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 16,588,220

Confidence Interval Values (5)

State Lower Limit: 315,176,198 (State Test Value minus Margin of Error Percent)
Local Test Value: 320,722,788 (Within Confidence Interval)
State Upper Limit: 348,352,638 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 339,089,463 (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