taxes Property Tax Assistance

2016 Confidence Interval Detail

079/Fort Bend
101-914/Katy ISD

Category Summary

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

Stratum
Variance
A 3,005,885,904 0.9747 3,083,908,797 200 11,418 .005097192
A 3,216,444,518 0.9958 3,230,010,562 200 9,374 .006660642
A 3,305,237,780 0.9970 3,315,183,330 200 7,691 .005600914
A 3,160,042,256 0.9739 3,244,729,701 198 5,014 .011978401
B 506,828,122 0.9135 554,820,057 8 30 .036803694
F1 248,980,840 1.0782 230,922,686 9 182 .002954134
F1 282,343,049 1.0146 278,280,159 11 88 .005684301
F1 339,332,170 1.0243 331,282,017 7 41 .003066953
F1 261,032,220 0.9355 279,029,631 3 6 .013299462
Random Totals: 14,326,126,859   14,548,166,940 836 33,844  
Catg D1 Exception Values: 689,560   694,197      
Total Test Values (4): 14,326,816,419   14,548,861,137      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 727,443,056

Confidence Interval Values (5)

State Lower Limit: 13,821,418,081 (State Test Value minus Margin of Error Percent)
Local Test Value: 14,326,816,419 (Within Confidence Interval)
State Upper Limit: 15,276,304,193 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 14,348,241,064 (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