taxes Property Tax Assistance

2016 Confidence Interval Detail

084/Galveston
084-902/Galveston ISD

Category Summary

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

Stratum
Variance
A 1,233,463,370 0.9069 1,360,087,518 145 10,190 .041244641
A 1,494,470,534 0.9319 1,603,681,225 148 6,649 .027370469
A 1,528,932,640 0.9601 1,592,472,284 147 4,095 .027692440
A 1,489,625,375 0.9834 1,514,770,566 92 1,941 .013890721
B 54,696,520 1.0377 52,709,377 10 502 .003935914
B 105,048,726 1.0029 104,744,966 17 425 .002865737
B 50,958,890 0.9255 55,060,929 8 21 .010044027
B 111,850,550 0.9630 116,148,027 6 17 .003955469
C1 97,630,445 0.9602 101,677,197 98 4,341 .083898459
C1 96,629,117 0.8998 107,389,550 58 1,845 .146621308
C1 109,849,893 0.9267 118,538,786 43 945 .026113781
C1 107,552,510 0.9795 109,803,481 15 318 .002786879
F1 142,003,380 1.0061 141,142,411 18 685 .005288969
F1 141,932,641 0.9584 148,093,323 17 214 .035396615
F1 133,165,510 1.0602 125,604,141 18 63 .031330683
F1 201,096,100 0.9318 215,814,660 10 29 .039208670
Random Totals: 7,098,906,201   7,467,738,441 850 32,280  
Catg D1 Exception Values: 385,013   351,252      
Total Test Values (4): 7,099,291,214   7,468,089,693      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 373,404,484

Confidence Interval Values (5)

State Lower Limit: 7,094,685,209 (State Test Value minus Margin of Error Percent)
Local Test Value: 7,099,291,214 (Within Confidence Interval)
State Upper Limit: 7,841,494,177 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 7,027,202,651 (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