taxes Property Tax Assistance

2018 Confidence Interval Detail

113/Houston
113-905/Latexo ISD

Category Summary

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

Stratum
Variance
A 16,114,100 0.8585 18,770,064 17 290 .046354039
A 16,814,040 0.8573 19,612,784 16 137 .051304974
A 16,326,750 0.8367 19,513,266 18 83 .019312136
A 16,065,820 0.8960 17,930,603 19 48 .029227567
E 37,572,820 0.7809 48,114,765 24 750 .040511587
Random Totals: 102,893,530   123,941,482 94 1,308  
Catg J Exception Values: 4,839,440   5,388,261      
Catg D1 Exception Values: 8,608,540   8,711,189      
Total Test Values (4): 116,341,510   138,040,932      

Margin of Error

Margin of Error Percent: 5.0000000
Margin of Error Value: 6,902,046

Confidence Interval Values (5)

Local Test Value: 116,341,510 (Outside Confidence Interval)
State Lower Limit: 131,138,886 (State Test Value minus Margin of Error Percent)
State Upper Limit: 144,942,978 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 173,289,023 (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