taxes Property Tax Assistance

2019 Confidence Interval Detail

Houston County
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 4,875,840 0.9097 5,359,833 9 119 0.043082508
A 6,886,330 0.9492 7,254,878 9 97 0.021023108
A 10,104,920 0.9709 10,407,787 9 101 0.031409889
A 11,854,650 0.9184 12,907,938 8 70 0.042562669
E 94,720,110 0.9240 102,510,942 19 1291 0.008675537
G1 51,979,690 0.9971 52,130,870 9 50 0.000752838
Random Totals: 180,421,540 190,572,248 63 1,728
CATG D1 EXCEPTION VALUES: 25,986,147 25,718,172
CATG J EXCEPTION VALUES: 11,309,460 12,422,882
Total Test Values(2) 217,717,147 228,713,302

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 11,435,665

Confidence Interval Values(5)

Local Test Value: 217,717,147 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 217,277,637 (State Test Value minus Margin of Error Percent)
State Upper Limit: 240,148,967 (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