taxes Property Tax Assistance

2016 Confidence Interval Detail

113/Houston
113-905/Latexo ISD

Category Summary

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

Stratum
Variance
A 16,275,230 0.8882 18,323,835 11 296 .015807150
A 16,270,830 0.9772 16,650,460 9 133 .010529646
A 16,527,930 1.0711 15,430,800 9 84 .023812267
A 15,193,370 1.0153 14,964,414 9 46 .020342215
E 35,012,780 0.8996 38,920,387 15 745 .042663611
Random Totals: 99,280,140   104,289,896 53 1,304  
Catg J Exception Values: 2,893,910   3,090,093      
Catg D1 Exception Values: 8,112,520   8,192,266      
Total Test Values (4): 110,286,570   115,572,255      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 5,778,612

Confidence Interval Values (5)

State Lower Limit: 109,793,643 (State Test Value minus Margin of Error Percent)
Local Test Value: 110,286,570 (Within Confidence Interval)
State Upper Limit: 121,350,867 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 146,179,062 (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