taxes Property Tax Assistance

2019 Confidence Interval Detail

Houston County
113-906/Kennard ISD

Category Summary

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

Stratum
Variance
A 4,166,000 0.9308 4,475,720 15 133 0.088420164
A 6,037,020 0.9517 6,343,407 15 103 0.008387842
A 5,663,930 0.9502 5,960,777 15 59 0.023077271
A 7,372,260 1.0845 6,797,842 15 43 0.009759523
E 65,755,690 0.9624 68,324,699 20 1035 0.044163956
Random Totals: 88,994,900 91,902,445 80 1,373
CATG D1 EXCEPTION VALUES: 23,767,920 23,442,639
Total Test Values(1) 112,762,820 115,345,084

Margin of Error

Margin of Error Percent: 5.5352571
Margin of Error Value: 6,384,647

Confidence Interval Values(5)

Local Test Value: 112,762,820 WITHIN CONFIDENCE INTERVAL
State Lower Limit: 108,960,437 (State Test Value minus Margin of Error Percent)
State Upper Limit: 121,729,731 (State Test Value plus Margin of Error Percent)

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