taxes Property Tax Assistance

2023 Confidence Interval Detail

Houston County
113-906/Kennard ISD

Category Summary

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

Stratum
Variance
A 5,982,430 0.8751 6,836,282 12 126 0.051083740
A 8,831,320 1.0990 8,035,778 12 103 0.059173860
A 8,832,530 0.8895 9,929,770 12 68 0.081593087
A 13,306,110 1.0526 12,641,184 12 56 0.021276471
E 110,779,760 0.9409 117,738,081 20 1,078 0.119774293
Random Totals: 147,732,150 155,181,095 68 1,431
CATG D1 EXCEPTION VALUES: 20,520,680 20,737,307
Total Test Values 168,252,830 175,918,402

Margin of Error

Margin of Error Percent: 10.3138887
Margin of Error Value: 18,144,028

Confidence Interval Values(5)

Local Test Value: 168,252,830 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 157,774,374 (State Test Value minus Margin of Error Percent)
State Upper Limit: 194,062,430 (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