taxes Property Tax Assistance

2020 Confidence Interval Detail

Grimes County
093-905/Richards ISD

Category Summary

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

Stratum
Variance
A 4,336,000 0.8360 5,186,603 10 56 0.034279413
A 4,647,400 1.0899 4,264,061 8 23 0.040761990
A 4,483,950 1.1643 3,851,198 7 14 0.008458449
A 5,750,100 1.0841 5,304,031 5 10 0.010269901
E 37,967,672 1.1012 34,478,453 21 235 0.027275401
G1 4,116,572 0.9839 4,183,933 8 37 0.006615673
Random Totals: 61,301,694 57,268,279 59 375
CATG D1 EXCEPTION VALUES: 2,816,911 2,907,398
CATG J EXCEPTION VALUES: 8,467,283 10,939,179
Total Test Values 72,585,888 71,114,856

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 3,555,743

Confidence Interval Values(5)

Local Test Value: 72,585,888 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 67,559,113 (State Test Value minus Margin of Error Percent)
State Upper Limit: 74,670,599 (State Test Value plus Margin of Error Percent)

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