taxes Property Tax Assistance

2024 Confidence Interval Detail

Fort Bend County
079-906/Needville ISD

Category Summary

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

Stratum
Variance
A 2 370,086,069 0.9167 403,715,577 30 1,925 0.055458744
A 3 367,909,249 0.9314 395,006,709 23 1,188 0.018164793
A 4 376,414,574 0.9917 379,564,963 25 870 0.067034627
A 5 564,855,118 1.1191 504,740,522 23 854 0.082024486
E 0 246,947,096 0.9180 269,005,551 18 1,627 0.225852710
Random Totals: 1,926,212,106 1,952,033,322 119 6,464
CATG D1 EXCEPTION VALUES: 21,192,222 20,369,013
CATG J EXCEPTION VALUES: 43,462,660 45,548,047
Total Test Values 1,990,866,988 2,017,950,382

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 100,897,519

Confidence Interval Values(5)

Local Test Value: 1,990,866,988 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 1,917,052,863 (State Test Value minus Margin of Error Percent)
State Upper Limit: 2,118,847,901 (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