taxes Property Tax Assistance

2018 Confidence Interval Detail

237/Waller
237-902/Hempstead ISD

Category Summary

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

Stratum
Variance
A 50,120,233 0.8020 62,494,056 10 800 .043398716
A 57,650,951 0.9724 59,287,280 15 483 .046999315
A 54,369,800 0.8852 61,420,922 10 289 .039594587
A 57,163,256 0.9840 58,092,740 9 175 .019578925
E 234,757,786 0.9153 256,481,794 22 1,346 .084783106
F1 18,510,810 0.9486 19,513,820 10 133 .021748472
F1 20,397,020 0.9249 22,053,217 8 53 .010153709
F1 19,216,200 0.9457 20,319,552 7 21 .010653277
F1 16,414,110 0.9057 18,123,120 5 6 .133028437
L1 9,823,590 0.9640 10,190,446 11 127 .027597857
L1 9,059,560 0.9617 9,420,360 6 14 .018052547
Random Totals: 547,483,316   597,397,307 113 3,447  
Catg D1 Exception Values: 10,661,704   9,219,585      
Catg L1 Exception Values: 15,846,400   15,653,132      
Total Test Values (4): 573,991,420   622,270,024      

Margin of Error

Margin of Error Percent: 5.5266782
Margin of Error Value: 34,390,862

Confidence Interval Values (5)

Local Test Value: 573,991,420 (Outside Confidence Interval)
State Lower Limit: 587,879,162 (State Test Value minus Margin of Error Percent)
State Upper Limit: 656,660,886 (State Test Value plus Margin of Error Percent)
Value Assigned (6): 586,266,432 (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