taxes Property Tax Assistance

2024 Confidence Interval Detail

Houston County
113-905/Latexo 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 26,890,490 1.0522 25,556,444 15 276 0.069480504
A 3 25,603,530 1.0257 24,962,006 14 129 0.031374800
A 4 27,940,720 0.9139 30,573,061 13 93 0.019442753
A 5 60,261,230 1.0279 58,625,576 16 113 0.011686289
E 0 71,083,320 0.9504 74,793,056 21 554 0.155170593
Random Totals: 211,779,290 214,510,143 79 1,165
CATG D1 EXCEPTION VALUES: 8,754,660 8,373,581
CATG J EXCEPTION VALUES: 9,435,580 9,933,493
Total Test Values 229,969,530 232,817,217

Margin of Error

Margin of Error Percent: 5.8742609
Margin of Error Value: 13,676,291

Confidence Interval Values(5)

Local Test Value: 229,969,530 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 219,140,926 (State Test Value minus Margin of Error Percent)
State Upper Limit: 246,493,508 (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