taxes Property Tax Assistance

2024 Confidence Interval Detail

Fort Bend County
101-914/Katy 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 5,159,920,508 0.9899 5,212,567,439 195 12,350 0.004466118
A 3 5,387,106,932 0.9932 5,423,990,064 193 10,120 0.004638148
A 4 6,061,796,495 0.9903 6,121,171,862 196 9,255 0.008412799
A 5 6,259,661,558 0.9740 6,426,757,246 195 6,837 0.010664070
B 0 1,537,262,552 1.2072 1,273,411,657 8 41 0.023383115
F1 2 585,273,770 1.1081 528,177,755 11 303 0.040403188
F1 3 650,343,575 0.9785 664,633,189 10 137 0.009022882
F1 4 612,664,961 0.9898 618,978,542 9 59 0.009914740
F1 5 692,378,803 0.9952 695,718,251 6 17 0.000158086
L1 2 103,640,834 0.9758 106,211,144 10 1,382 0.035392721
L1 3 114,803,013 0.9898 115,986,071 10 320 0.002217304
L1 4 117,867,403 1.0112 116,561,910 10 77 0.003070200
L1 5 116,694,792 0.9693 120,390,789 7 15 0.001778442
Random Totals: 27,399,415,196 27,424,555,919 860 40,913
CATG D1 EXCEPTION VALUES: 203,035 201,468
Total Test Values 27,399,618,231 27,424,757,387

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 1,371,237,869

Confidence Interval Values(5)

Local Test Value: 27,399,618,231 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 26,053,519,518 (State Test Value minus Margin of Error Percent)
State Upper Limit: 28,795,995,256 (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