taxes Property Tax Assistance

2020 Confidence Interval Detail

Howard County
114-904/Forsan ISD

Category Summary

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

Stratum
Variance
A 22,122,800 0.7856 28,160,387 11 323 0.052206966
A 23,056,404 0.8958 25,738,339 12 165 0.034809707
A 27,947,491 0.8600 32,497,083 11 124 0.017032161
A 32,306,654 0.8590 37,609,609 10 69 0.030719261
E 50,309,140 0.9563 52,608,115 15 425 0.035102327
G1 65,405,605 0.9970 65,602,412 10 108 0.003621588
G1 67,764,136 0.9967 67,988,498 8 28 0.000883906
G1 66,349,484 0.9827 67,517,537 6 15 0.000189608
G1 60,620,316 1.0043 60,360,765 5 7 0.000496803
Random Totals: 415,882,030 438,082,745 88 1,264
CATG D1 EXCEPTION VALUES: 2,826,702 2,626,601
CATG J EXCEPTION VALUES: 26,901,150 28,155,257
Total Test Values 445,609,882 468,864,603

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 23,443,230

Confidence Interval Values(5)

Local Test Value: 445,609,882 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 445,421,373 (State Test Value minus Margin of Error Percent)
State Upper Limit: 492,307,833 (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