taxes Property Tax Assistance

2017 Confidence Interval Detail

084/Galveston
084-908/Hitchcock ISD

Category Summary

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

Stratum
Variance
A 127,604,286 0.9342 136,592,042 17 1,585 .030604827
A 143,451,275 0.9779 146,693,195 49 803 .010552178
A 119,300,256 0.9632 123,858,239 13 311 .021215331
A 142,641,971 0.9395 151,827,537 11 188 .013759895
C1 13,746,417 0.9280 14,812,949 8 1,144 .036918860
C1 12,552,440 0.9798 12,811,227 8 187 .008518857
C1 10,615,250 0.9988 10,628,004 7 102 .001111041
C1 11,771,800 1.0091 11,665,643 7 51 .000572030
F1 12,777,427 1.0785 11,847,406 9 88 .020142912
F1 13,020,919 0.9189 14,170,115 7 31 .027557802
F1 15,100,150 1.0150 14,876,995 6 11 .008951607
F1 15,926,770 0.9786 16,275,056 3 5 .015733692
Random Totals: 638,508,961   666,058,408 145 4,506  
Catg D1 Exception Values: 1,458,741   1,242,910      
Total Test Values (4): 639,967,702   667,301,318      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 33,365,065

Confidence Interval Values (5)

State Lower Limit: 633,936,253 (State Test Value minus Margin of Error Percent)
Local Test Value: 639,967,702 (Within Confidence Interval)
State Upper Limit: 700,666,383 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 651,442,145 (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, D2, E, 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