taxes Property Tax Assistance

2018 Confidence Interval Detail

109/Hill
109-903/Covington ISD

Category Summary

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

Stratum
Variance
A 4,874,690 0.8877 5,491,371 8 89 .066661395
A 5,213,940 1.1131 4,684,161 7 56 .059136275
A 4,190,170 0.9912 4,227,371 7 31 .005217902
A 5,165,400 1.0187 5,070,580 7 26 .005699404
E 55,858,140 0.9408 59,373,023 19 552 .038478486
G1 2,007,171 1.0205 1,966,851 7 19 .003916632
G1 2,013,050 1.0343 1,946,292 5 9 .010185438
G1 1,949,712 1.0006 1,948,543 3 5 .005020977
G1 1,600,220 1.0084 1,586,890 2 3 .000702449
Random Totals: 82,872,493   86,295,082 65 790  
Catg J Exception Values: 6,621,391   7,794,300      
Catg D1 Exception Values: 2,961,510   2,726,462      
Total Test Values (4): 92,455,394   96,815,844      

Margin of Error

Margin of Error Percent: 5.5879738
Margin of Error Value: 5,410,044

Confidence Interval Values (5)

State Lower Limit: 91,405,800 (State Test Value minus Margin of Error Percent)
Local Test Value: 92,455,394 (Within Confidence Interval)
State Upper Limit: 102,225,888 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 91,751,855 (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