taxes Property Tax Assistance

2020 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 7,745,790 1.0279 7,535,548 11 146 0.100732193
A 7,594,370 1.0630 7,144,280 13 88 0.032617053
A 10,104,360 1.1032 9,159,137 10 83 0.064170652
A 11,190,160 1.0361 10,800,270 12 57 0.032982923
E 105,303,830 0.9262 113,694,483 22 1,287 0.028517089
G1 7,150,430 0.9930 7,200,836 8 39 0.000044953
G1 6,777,200 0.9934 6,822,227 5 9 0.000148063
G1 9,105,450 0.9995 9,110,005 3 4 0.000001678
Random Totals: 164,971,590 171,466,786 84 1,713
CATG D1 EXCEPTION VALUES: 25,886,200 25,999,925
CATG G1 EXCEPTION VALUES: 12,739,560 12,572,611
CATG J EXCEPTION VALUES: 7,794,000 7,538,259
Total Test Values 211,391,350 217,577,581

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 10,878,879

Confidence Interval Values(5)

Local Test Value: 211,391,350 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 206,698,702 (State Test Value minus Margin of Error Percent)
State Upper Limit: 228,456,460 (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