taxes Property Tax Assistance

2018 Confidence Interval Detail

111/Hood
111-901/Granbury ISD

Category Summary

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

Stratum
Variance
A 792,446,749 0.8730 907,728,235 183 6,561 .023719048
A 831,264,014 0.9459 878,807,500 194 3,921 .013917644
A 943,723,052 0.9354 1,008,897,853 192 3,175 .010287305
A 985,242,904 0.9530 1,033,833,058 149 1,978 .013344094
E 389,152,677 0.9614 404,777,072 29 2,427 .014006349
F1 158,685,797 0.7975 198,979,056 13 495 .165767092
F1 156,679,948 0.9123 171,741,695 8 182 .020742164
F1 150,881,940 0.8890 169,720,967 9 66 .036720293
F1 147,066,690 0.9254 158,922,293 7 20 .006080548
Random Totals: 4,555,143,771   4,933,407,729 784 18,825  
Catg D1 Exception Values: 10,010,520   8,121,732      
Total Test Values (4): 4,565,154,291   4,941,529,461      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 247,076,473

Confidence Interval Values (5)

Local Test Value: 4,565,154,291 (Outside Confidence Interval)
State Lower Limit: 4,694,452,988 (State Test Value minus Margin of Error Percent)
State Upper Limit: 5,188,605,934 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 5,528,230,089 (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