taxes Property Tax Assistance

2023 Confidence Interval Detail

Howard County
058-909/Sands CISD

Category Summary

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

Stratum
Variance
G1 604,628,158 0.9126 662,533,594 10 131 0.016823682
G1 598,445,655 0.9809 610,098,537 9 46 0.015405884
G1 592,644,250 1.0126 585,269,850 8 24 0.000850814
G1 596,555,120 0.9519 626,699,359 7 16 0.011154081
Random Totals: 2,392,273,183 2,484,601,340 34 217
CATG D1 EXCEPTION VALUES: 6,113,007 7,253,578
Total Test Values 2,398,386,190 2,491,854,918

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 124,592,746

Confidence Interval Values(5)

Local Test Value: 2,398,386,190 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 2,367,262,172 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,616,447,664 (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