taxes Property Tax Assistance

2022 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 8,902,810 0.9737 9,143,278 11 155 0.138825686
A 10,242,700 0.9012 11,365,624 14 103 0.078381172
A 10,230,210 1.0364 9,870,909 10 73 0.033975705
A 18,806,050 0.9125 20,609,370 11 73 0.047278436
E 125,088,890 0.7775 160,886,032 23 1,325 0.038075228
G1 7,583,639 1.0063 7,536,161 9 44 0.000076342
G1 6,692,650 1.0112 6,618,523 5 7 0.000186871
G1 7,956,680 1.0290 7,732,439 4 5 0.000148358
Random Totals: 195,503,629 233,762,336 87 1,785
CATG D1 EXCEPTION VALUES: 24,719,769 25,465,043
CATG G1 EXCEPTION VALUES: 6,065,650 6,104,084
CATG J EXCEPTION VALUES: 11,160,120 11,931,289
Total Test Values 237,449,168 277,262,752

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 13,863,138

Confidence Interval Values(5)

Local Test Value: 237,449,168 OUTSIDE CONFIDENCE INTERVAL
State Lower Limit: 263,399,614 (State Test Value minus Margin of Error Percent)
State Upper Limit: 291,125,890 (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