taxes Property Tax Assistance

2016 Confidence Interval Detail

079/Fort Bend
079-906/Needville ISD

Category Summary

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

Stratum
Variance
A 136,286,872 0.8832 154,310,317 19 1,536 .024850128
A 141,649,665 0.9614 147,336,868 20 868 .016750038
A 146,034,688 0.9482 154,012,537 23 636 .029085291
A 164,471,845 0.9877 166,520,042 22 469 .006721250
E 152,135,308 0.9673 157,278,309 19 1,872 .030892506
Random Totals: 740,578,378   779,458,073 103 5,381  
Catg J Exception Values: 16,967,210   18,664,037      
Catg D1 Exception Values: 22,078,440   22,007,846      
Total Test Values (4): 779,624,028   820,129,956      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 41,006,497

Confidence Interval Values (5)

State Lower Limit: 779,123,459 (State Test Value minus Margin of Error Percent)
Local Test Value: 779,624,028 (Within Confidence Interval)
State Upper Limit: 861,136,453 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 793,807,904 (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