taxes Property Tax Assistance

2018 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 3,090,388,751 0.9738 3,173,535,378 50 11,568 .003288793
A 3,050,928,101 0.9562 3,190,679,880 50 8,895 .010633461
A 3,280,972,028 0.9719 3,375,832,933 50 7,715 .006816775
A 3,193,535,869 0.9744 3,277,438,289 50 5,150 .012524478
B 615,742,588 0.8294 742,395,211 7 32 .022583800
F1 1,372,486,258 0.8516 1,611,656,010 15 364 .058864312
L1 71,404,977 1.0200 70,004,879 8 1,237 .021790513
L1 66,996,104 0.9907 67,625,017 8 227 .017204506
L1 71,787,390 0.9612 74,685,175 8 70 .017946176
L1 73,483,750 0.9492 77,416,509 6 16 .010816770
Random Totals: 14,887,725,816   15,661,269,281 252 35,274  
Catg D1 Exception Values: 454,620   431,243      
Total Test Values (4): 14,888,180,436   15,661,700,524      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 783,085,026

Confidence Interval Values (5)

State Lower Limit: 14,878,615,498 (State Test Value minus Margin of Error Percent)
Local Test Value: 14,888,180,436 (Within Confidence Interval)
State Upper Limit: 16,444,785,550 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 15,082,463,874 (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