taxes Property Tax

School and Appraisal Districts Property Value Study 2012 Report

2012 Confidence Interval Detail
113/Houston
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 6,110,760 0.9376 6,517,449 9 164 .049909490
A 6,443,570 0.8802 7,320,575 10 100 .033514597
A 6,265,160 1.0001 6,264,534 10 68 .036334849
A 6,276,860 1.0673 5,881,064 9 42 .008247927
D3 71,279,340 0.9499 75,038,783 18 3,991 .022578367
G1 45,652,560 1.0436 43,745,266 7 33 .135379481
G1 44,559,040 1.0148 43,909,184 5 11 .021973081
G1 45,642,310 1.0392 43,920,622 3 5 .020833163
G1 42,853,730 1.0063 42,585,442 2 3 .024889095
Random Totals: 275,083,330   275,182,919 73 4,417  
Catg J Exception Values: 5,194,330   5,864,638      
Catg D1 Exception Values: 19,944,920   21,631,411      
Total Test Values (4): 300,222,580   302,678,968      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 15,133,948

Confidence Interval Values (5)

State Lower Limit: 287,545,020 (State Test Value minus Margin of Error Percent)
Local Test Value: 300,222,580 (Within Confidence Interval)
State Upper Limit: 317,812,916 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 350,020,620 (See ISD Summary Worksheet)

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, D3, F1, G1, G2, or L1 marked as exception properties
(5) Unstudied categories and sub-categories were not included in the Confidence Interval Values
(6) Includes local value of unstudied property categories and sub-categories