taxes Property Tax Assistance

2018 Confidence Interval Detail

113/Houston
113-903/Lovelady ISD

Category Summary

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

Stratum
Variance
A 6,533,690 0.8555 7,637,276 12 160 0.047915279
A 6,260,460 0.8309 7,534,553 11 93 0.055690735
A 6,885,170 0.8262 8,333,539 12 71 0.034195934
A 7,574,680 0.8690 8,716,548 11 49 0.048544041
E 81,589,250 0.8336 97,875,780 24 1741 0.035475757
G1 6,956,080 0.9888 7,034,871 9 57 0.000674490
G1 7,190,240 1.0056 7,150,199 5 11 0.000492445
G1 7,492,030 1.0074 7,436,996 4 6 0.000131766
Random Totals: 130,481,600 151,719,762 88 2,188
CATG A EXCEPTION VALUES: 20,400 16,382
CATG D1 EXCEPTION VALUES: 24,126,300 24,848,512
CATG G1 EXCEPTION VALUES: 5,954,640 5,920,554
CATG J EXCEPTION VALUES: 7,614,030 8,844,730
Total Test Values(4) 168,196,970 191,349,940

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 9,567,497

Confidence Interval Values(5)

Local Test Value: 168,196,970 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 181,782,443 (State Test Value minus Margin of Error Percent)
State Upper Limit: 200,917,437 (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