taxes Property Tax Assistance

2023 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 9,849,600 0.9978 9,871,317 11 145 0.101672109
A 12,525,290 0.9583 13,070,322 11 107 0.045205377
A 12,764,030 0.9824 12,992,702 11 77 0.021292928
A 18,913,340 1.0935 17,296,150 9 74 0.015703555
E 158,796,450 0.9151 173,529,068 26 1,349 0.025621896
G1 39,687,440 1.0220 38,833,112 11 43 0.002889060
Random Totals: 252,536,150 265,592,671 79 1,795
CATG D1 EXCEPTION VALUES: 24,056,280 25,047,334
CATG J EXCEPTION VALUES: 18,221,170 19,553,117
Total Test Values 294,813,600 310,193,122

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,509,656

Confidence Interval Values(5)

Local Test Value: 294,813,600 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 294,683,466 (State Test Value minus Margin of Error Percent)
State Upper Limit: 325,702,778 (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