taxes Property Tax Assistance

2016 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 6,355,970 0.9416 6,750,181 10 163 .021711085
A 6,342,220 0.9541 6,647,333 11 96 .009966022
A 7,023,600 0.9388 7,481,466 9 73 .013990587
A 6,721,090 0.9904 6,786,238 10 44 .007849634
E 72,046,970 0.9644 74,706,522 18 1,647 .017556236
G1 9,008,300 0.9662 9,323,432 15 52 .083763408
G1 9,757,970 1.0587 9,216,936 9 15 .043851157
G1 8,239,820 1.0471 7,869,182 4 5 .003524622
Random Totals: 125,495,940   128,781,290 86 2,095  
Catg J Exception Values: 4,877,100   5,377,173      
Catg D1 Exception Values: 22,998,720   23,756,773      
Catg G1 Exception Values: 8,775,380   8,720,094      
Total Test Values (4): 162,147,140   166,635,330      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 8,331,766

Confidence Interval Values (5)

State Lower Limit: 158,303,564 (State Test Value minus Margin of Error Percent)
Local Test Value: 162,147,140 (Within Confidence Interval)
State Upper Limit: 174,967,096 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 269,112,952 (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