taxes Property Tax Assistance

2018 Confidence Interval Detail

091/Grayson
091-918/Tom Bean ISD

Category Summary

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

Stratum
Variance
A 34,004,323 0.9455 35,964,382 12 370 .051234339
A 46,309,242 0.9930 46,635,692 13 307 .000688523
A 47,812,362 0.9628 49,659,703 10 227 .003524027
A 48,976,755 0.9863 49,657,057 8 155 .001463130
E 88,801,858 0.9859 90,071,871 10 595 .007013730
Random Totals: 265,904,540   271,988,705 53 1,654  
Catg D1 Exception Values: 2,828,750   2,039,252      
Total Test Values (4): 268,733,290   274,027,957      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,701,397

Confidence Interval Values (5)

State Lower Limit: 260,326,560 (State Test Value minus Margin of Error Percent)
Local Test Value: 268,733,290 (Within Confidence Interval)
State Upper Limit: 287,729,354 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 233,685,977 (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